4//SEC Filing
EQUAL ENERGY LTD. 4
Accession 0001140361-14-030703
CIK 0001492832operating
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 2:48 PM ET
Size
9.6 KB
Accession
0001140361-14-030703
Insider Transaction Report
Form 4
Smalling Scott
VP & CFO
Transactions
- Disposition to Issuer
Common Stock
2014-07-31$5.43/sh+96,474$523,854→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2014-07-31$2.38/sh−34,500$82,110→ 0 totalExercise: $3.05Exp: 2017-02-01→ Common Shares (34,500 underlying) - Disposition to Issuer
Restricted Stock Units
2014-07-31$5.43/sh−60,619$329,161→ 0 totalExercise: $0.00→ Common Stock (60,619 underlying)
Footnotes (4)
- [F1]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).
- [F2]Represented in Canadian Dollars.
- [F3]Vested as follows: 11,500 on 2/1/2014; 11,500 on 2/1/2015; and 11,500 on 2/1/2016.
- [F4]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.
Documents
Issuer
EQUAL ENERGY LTD.
CIK 0001492832
Entity typeoperating
IncorporatedAlberta, Canada
Related Parties
1- filerCIK 0001492832
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 2:48 PM ET
- Size
- 9.6 KB