Williams John Glynn 4
4 · ENDEAVOUR INTERNATIONAL CORP · Filed Jan 6, 2009
Insider Transaction Report
Form 4
Williams John Glynn
EVP - Exploration
Transactions
- Award
Common Stock
[F1]2009-01-02+200,000→ 620,733 total - Sale
Common Stock
[F2]2009-01-02$0.54/sh−6,805$3,675→ 613,928 total - Award
Nonqualified Stock Option
[F3]2009-01-02+181,818→ 491,818 totalExercise: $0.54Exp: 2019-01-01→ Common Stock (181,818 underlying)
Footnotes (3)
- [F1]Restricted shares awarded under the 2007 Incentive Plan. One-third (1/3) of such shares will vest January 2, 2010, January 2, 2011 and January 2, 2012, respectively, if continually employed by the company through each such period.
- [F2]This transaction involved sales of securities to satisfy the federal income tax withholding liability which arose upon the vesting of certain securities under the Issuer?s 2004 Incentive Plan. All of the proceeds from this sales transaction will be utilized to satisfy such withholding obligation.
- [F3]One-third (1/3) of such shares will vest January 2, 2010, January 2, 2011 and January 2, 2012, respectively, if continually employed by the company through each such period.
Signature
/s/ William L. Transier by Power of Attorney for John Glynn Williams|2009-01-06