GATENS J MICHAEL 4
4 · QUICKSILVER RESOURCES INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
GATENS J MICHAEL
Other
Transactions
- Exercise/Conversion
MGV Energy Inc. Class C Common Shares
2005-12-31−107,898→ 0 totalExp: 2005-12-31→ Common Stock, $.01 par value (107,898 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2005-12-31+107,898→ 112,392 total
Holdings
- 6,993
Stock Option
Exercise: $23.83Exp: 2010-12-21→ Common Stock, $.01 par value (6,993 underlying) - 745,556
Stock Option
Exercise: $20.85From: 2005-12-31Exp: 2008-12-31→ Common Stock, $.01 par value (745,556 underlying)
Footnotes (4)
- [F1]MGV Energy Inc. is a subsidiary of Quicksilver Recourses Inc. MGV's Class C common shares are exchangeable at any time on a one-for-one basis for shares of Quicksilver common stock. In lieu of delivering a share of Quicksilver common stock upon exchange of an MGV common share, Quicksilver may elect to deliver the cash equivalent of a share of Quicksilver common stock. As reported in this Form 4, the reporting person exchanged 107,898 MGV Class C common shares for 107,898 Quicksilver shares of common stock on December 31, 2005.
- [F2]MGV Class C shares outstanding on December 31, 2005 will be treated as having been the subject of an exchange put right by the holder thereof.
- [F3]Represents a right to buy.
- [F4]The stock option vests in three equal annual installments beginning on December 21, 2005, with full vesting on December 21, 2007.