THOMPSON ROBERT JAMES 4
4 · American Standard Energy Corp. · Filed Apr 3, 2012
Insider Transaction Report
Form 4
THOMPSON ROBERT JAMES
Director
Transactions
- Other
Option (Right to Buy)
2012-03-30−300,000→ 0 totalExercise: $3.30Exp: 2021-12-01→ Common Stock (300,000 underlying) - Other
Option (Right to buy)
2012-03-30+700,000→ 700,000 totalExercise: $2.43From: 2012-03-30Exp: 2021-12-01→ Common Stock (700,000 underlying)
Footnotes (2)
- [F1]The option is exercisable as to 90,000 shares of common stock on January 1, 2011. The remainder of the option is exercisable in seven equal semi-annual installments of 30,000 shares commencing on December 1, 2011.
- [F2]On March 30, 2012, the Issuer amended and restructured the terms of certain options originally granted on December 1, 2011 to the Reporting Person. The number of shares underlying the amended option (the "Amended Option") has been increased from 300,000 to 700,000, the exercise price has been amended from $3.30 per share to $2.43 per share and the Amended Option is immediately exercisable.