Dubberstein Mark 4
4 · Bronco Drilling Company, Inc. · Filed Jan 14, 2011
Insider Transaction Report
Form 4
Dubberstein Mark
President
Transactions
- Sale
Common Stock
2011-01-13$6.64/sh−20,000$132,800→ 398,796 total - Award
Common Stock
2011-01-12+102,700→ 418,796 total
Footnotes (3)
- [F1]On January 12, 2011, the reporting person received 102,700 shares of restricted stock granted under the Bronco Drilling Company, Inc. 2006 Stock Incentive Plan, as amended (the "Plan"). Of these shares, 1/3 vest on February 25, 2012, 1/3 vest on February 25, 2013, and the remaining 1/3 vest on February 25, 2014; however, all unvested shares will vest immediately prior to a Change of Control (as defined in the Plan).
- [F2]Sales made pursuant to previously adopted Rule 10b5-1 trading plan to generate proceeds to pay tax obligations resulting from the vesting of restricted shares of Bronco Drilling Company, Inc. common stock.
- [F3]Represents the weighted average price of the reporting person's disposition of 20,000 shares in transactions ranging from $6.51 to $7.00 per share. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.