WILLIFORD CHRIS E 4

4 · ABRAXAS PETROLEUM CORP · Filed Oct 8, 2009

Form 4

Period: 2009-10-05

EVP/CFO

Transactions

Award
Employee Stock Option
2009-10-05+66,937→ 66,937 total
Exercise: $1.75From: 2010-10-05Exp: 2015-10-05→ Abraxas Petroleum Common Stockk (66,937 underlying)
Award
Abraxas Petroleum Common Stock
2009-10-05+28,772→ 152,973 total

Holdings

Employee Stock Option
Exercise: $3.60From: 2011-08-28Exp: 2017-08-28→ Abraxas Petroleum Common Stockk (15,233 underlying)
15,233
Employee Stock Option
Exercise: $0.65From: 2006-11-22Exp: 2012-11-22→ Abraxas Petroleum Common Stockk (43,000 underlying)
43,000
Employee Stock Option
Exercise: $4.59From: 2009-09-13Exp: 2015-09-13→ Abraxas Petroleum Common Stockk (100,000 underlying)
100,000
Employee Stock Option
Exercise: $0.66From: 2005-03-23Exp: 2011-03-23→ Abraxas Petroleum Common Stockk (20,000 underlying)
20,000
Abraxas Petroleum Common Stock
(indirect: 401-K)
15,005
Employee Stock Option
Exercise: $0.99Exp: 2019-03-17→ Abraxas Petroleum Common Stockk (50,000 underlying)
50,000
Employee Stock Option
Exercise: $0.66From: 2005-05-26Exp: 2010-05-26→ Abraxas Petroleum Common Stockk (40,000 underlying)
40,000

Footnotes (4)

[F1]Received in exchange for 2,500 restricted units and 4,270 phantom units of Abraxas Energy Partners, L.P. in connection with the merger of Abraxas Energy Partners, L.P. into Abraxas Merger Sub,LLC, a wholly owned subsidiary of Abraxas Petroleum Corporation (the "Merger"). On the effective date of the Merger, the closing price of Abraxas Petroleum Corporations' common stock was $1.75.
[F2]Received in the Merger in exchange for an employee unit option for 15,750 units of Abraxas Energy Partners, L.P.
[F3]These securities and options vest over various time periods.
[F4]Options vest at 25% per year beginning one year after grant.

Documents

1 file