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4//SEC Filing

EQUAL ENERGY LTD. 4

Accession 0001140361-14-030633

CIK 0001492832operating

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 9:59 PM ET

Size

9.7 KB

Accession

0001140361-14-030633

Insider Transaction Report

Form 4
Period: 2014-07-31
Chimahusky John S.
Senior VP and COO
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2014-07-31$5.43/sh86,472$469,5430 total
    Exercise: $0.00Common Stock (86,472 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2014-07-31$0.77/sh9,000$6,9300 total
    Exercise: $4.66Exp: 2013-09-30Common Shares (9,000 underlying)
  • Disposition to Issuer

    Common Stock

    2014-07-31$5.43/sh154,575$839,3420 total
Footnotes (4)
  • [F1]Expressed in Canadian dollars.
  • [F2]Granted 10/7/10 and vested on 9/30/13.
  • [F3]The options were cancelled by mutual agreement between the reporting person and Equal Energy Ltd. (the "Issuer"). As consideration for the cancellation of the options, the reporting person received the difference between the option exercise price and the $5.43 purchase price offered by Petroflow Energy Corporation ("Petroflow") in a transaction between Petroflow and the Issuer, wherein Petroflow acquired all outstanding shares of the Issuer.
  • [F4]Represents dividend equivalent rights that accrued on unvested shares of restricted stock pursuant to the Equal Energy Ltd. Restricted Shares and Performance Share Incentive Plan (2010).

Documents

1 file

Issuer

EQUAL ENERGY LTD.

CIK 0001492832

Entity typeoperating
IncorporatedAlberta, Canada

Related Parties

1
  • filerCIK 0001492832

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 9:59 PM ET
Size
9.7 KB