GREENE JOHN F 4
4 · MARINER ENERGY INC · Filed Nov 10, 2010
Insider Transaction Report
Form 4
GREENE JOHN F
Director
Transactions
- Disposition to Issuer
Common Stock
2010-11-10−44,807→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger between Apache Corporation ("Apache"), Apache Deepwater LLC and Mariner Energy, Inc., dated 4/14/2010, as amended (the "Merger Agreement"), on 11/10/2010, the effective date of the merger (the "Effective Date"). Pursuant to the Merger Agreement, Mariner stockholders could elect to receive the following consideration: (i) all stock consideration of 0.24347 share of Apache common stock for each share of Mariner common stock, subject to possible proration, (ii) all cash consideration of $26.00 in cash for each share of Mariner common stock, subject to possible proration, and (iii) mixed consideration of $7.80 in cash and 0.17043 share of Apache common stock for each share of Mariner common stock (the "Mixed Consideration"). If no election was made, the stockholder will receive the Mixed Consideration for Mariner common stock. Apache announced it expects to announce final results of merger consideration elections on 11/12/2010.