ENDEAVOUR INTERNATIONAL CORP 4
4 · ENDEAVOUR INTERNATIONAL CORP · Filed Jan 6, 2014
Insider Transaction Report
Form 4
Farmer Stanley W
VP & Chief Accounting Officer
Transactions
- Sale
Common Stock
2014-01-03$5.25/sh−545$2,861→ 25,303 total - Award
Common Stock
2014-01-02+3,767→ 25,848 total
Footnotes (2)
- [F1]Restricted shares awarded under the 2010 Incentive Plan. One-third (1/3) of such shares will vest January 2, 2015, January 2, 2016 and January 2, 2017, respectively, if continually employed by the Company through each such period.
- [F2]This transaction involved sales of securities to satisfy the tax withholding liability which arose upon the vesting of certain securities under the Company's 2010 Incentive Plan. All of the proceeds from this sale transaction will be utilized to satisfy the withholding obligation.