CRIMSON EXPLORATION INC. 4
4 · CRIMSON EXPLORATION INC. · Filed Oct 3, 2013
Insider Transaction Report
Form 4
ISAAC ANTHONY CARL
Senior VP - Operations
Transactions
- Tax Payment
Common Stock
2013-10-01−39,185→ 155,955 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-10-01−100,000→ 0 totalExercise: $3.31Exp: 2020-05-09→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-10-01−75,000→ 0 totalExercise: $3.45Exp: 2021-08-15→ Common Stock (75,000 underlying) - Disposition to Issuer
Common Stock
2013-10-01−155,955→ 0 total
Footnotes (3)
- [F1]Withholding of stock to satisfy tax withholding obligations.
- [F2]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 29, 2013, among Contango Oil & Gas Company ("Contango"), Contango Acquisition, Inc. ("Merger Sub") and Crimson Exploration Inc. ("Crimson"), Merger Sub merged with and into Crimson (the "Merger"), with Crimson surviving the Merger and continuing as a wholly-owned subsidiary of Contango. Upon the October 1, 2013 closing of the Merger, each share of Crimson common stock was cancelled and converted into the right to receive .08288 shares of Contango common stock.
- [F3]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 29, 2013, among Contango Oil & Gas Company ("Contango"), Contango Acquisition, Inc. ("Merger Sub") and Crimson Exploration Inc. ("Crimson"), Merger Sub merged with and into Crimson (the "Merger"), with Crimson surviving the Merger and continuing as a wholly-owned subsidiary of Contango. Upon the October 1, 2013 closing of the Merger , each option was cancelled and converted into a fully vested option to purchase .08288 shares of Contango common stock at a price equal to the prior exercise price divided by .08288.