4//SEC Filing
WEINSTEIN DAVID N 4
Accession 0001140361-18-022752
CIK 0000904080other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 3:03 PM ET
Size
9.7 KB
Accession
0001140361-18-022752
Insider Transaction Report
Form 4
WEINSTEIN DAVID N
Director
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2018-05-10+6,181→ 6,181 total - Disposition to Issuer
Common Stock, $0.01 par value
2018-05-10−6,181→ 0 total - Exercise/Conversion
Restricted Stock Units
2018-05-10−9,811→ 0 total→ Common Stock (9,811 underlying)
Footnotes (3)
- [F1]On March 1, 2017, the reporting person was awarded 9,811 restricted stock units. The restricted stock units vested upon the Effective Time (defined below) and were settled in one share of common stock of Stone Energy Corporation ("Stone Energy") subject to such award, less a number of shares equal to the product of the fair market value of the shares on the day before the closing of the Transaction Agreement (defined below) and the highest marginal federal tax rate applicable to individuals, with the fair market value of the shares subject to the tax reduction paid in cash.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Stone Energy common stock.
- [F3]Stone Energy, Sailfish Energy Holdings Corporation, a Delaware corporation ("New Talos"), Sailfish Merger Sub Corporation, a Delaware corporation ("Merger Sub"), Talos Energy LLC, a Delaware limited liability company, and Talos Production LLC, a Delaware limited liability company, are parties to the Transaction Agreement, dated as of November 21, 2017 (the "Transaction Agreement"), pursuant to which, among other things, Merger Sub merged with and into Stone Energy (the "Merger"), with Stone Energy surviving the Merger as a direct, wholly owned subsidiary of New Talos. At the effective time of the Merger (the "Effective Time"), each share of Stone Energy common stock, par value $0.01 per share, outstanding immediately prior to the Merger was converted automatically into the right to receive one share of New Talos common stock, par value $0.01 per share.
Documents
Issuer
STONE ENERGY CORP
CIK 0000904080
Entity typeother
Related Parties
1- filerCIK 0001259801
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 3:03 PM ET
- Size
- 9.7 KB