Adler Robert 4
4 · Sinoenergy CORP · Filed Sep 29, 2010
Insider Transaction Report
Form 4
Sinoenergy CORPSNEN
Adler Robert
Director
Transactions
- Disposition from Tender
Options (Right to buy)
2010-09-27−15,000→ 15,000 totalExercise: $1.30From: 2006-06-01Exp: 2009-06-01→ Common Stock (15,000 underlying) - Disposition from Tender
Options (Right to buy)
2010-09-27−2,500→ 10,000 totalExercise: $5.80From: 2008-04-01Exp: 2013-04-01→ Common Stock (2,500 underlying) - Disposition from Tender
Options (Right to buy)
2010-09-27−2,500→ 12,500 totalExercise: $4.06From: 2007-04-01Exp: 2012-04-01→ Common Stock (2,500 underlying) - Disposition from Tender
Options (Right to buy)
2010-09-27−5,000→ 5,000 totalExercise: $1.32From: 2009-04-01Exp: 2014-04-01→ Common Stock (5,000 underlying) - Disposition from Tender
Options (Right to buy)
2010-09-27−5,000→ 0 totalExercise: $1.61From: 2010-04-01Exp: 2015-04-01→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]On September 27, 2010, the transactions contemplated by the Amended and Restated Agreement and Plan of Merger, dated as of March 29, 2010 (the "Agreement"), by and among Skywide Capital Management Limited, a company incorporated with limited liability under the laws of the British Virgin Islands (the "Buyer"), SNEN Acquisition Corp., a corporation organized under the laws of the state of Nevada and a wholly-owned subsidiary of the Buyer (the "Buyer Subsidiary") and Issuer) were consummated. Upon closing, the Reporting Person resigned as a director of the Issuer and each stock option of the Issuer was cancelled and, upon cancellation, was converted into the right to receive an amount in cash equal to the product of (i) the number of shares subject to such stock option, whether or not then exercisable, and (ii) the excess, if any, of $1.90 over the exercise price per share subject or related to such stock option.