McClung Emily R 4
4 · MARINER ENERGY INC · Filed Apr 21, 2010
Insider Transaction Report
Form 4
McClung Emily R
VP - Human Resources
Transactions
- Award
Common Stock
2010-04-14+10,000→ 46,101 total
Holdings
- 2,800
Employee Stock Option (right to buy)
Exercise: $14.00From: 2006-03-02Exp: 2015-03-11→ Common Stock (2,800 underlying)
Footnotes (2)
- [F1]Shares of restricted stock granted on April 14, 2010 under Mariner Energy, Inc. Third Amended and Restated Stock Incentive Plan as part of 2008 Long-Term Performance-Based Restricted Stock Program. The stock generally vests as follows: (i) 40% of the shares vest pro rata over five years on each of the first five anniversaries of the date on which the rolling 15-day average closing price per share of Mariner common stock is $38 or more but less than $46, and (ii) the remaining 60% of the shares vest pro rata over seven years on each of the first seven anniversaries of the date on which the rolling 15-day average closing price per share of Mariner common stock is $46 or more.
- [F2]This total also should have been the total in the Form 4 filed by the reporting person on April 18, 2010 as this total includes the shares this Form 4 reports were acquired on April 14, 2010.