FELDHACKER SCOTT 4

4 · American Standard Energy Corp. · Filed Apr 3, 2012

Form 4

Period: 2012-03-30

DirectorChief Executive Officer

Transactions

Other
Option (Right to Buy)
2012-03-30−2,400,000→ 0 total
Exercise: $7.71Exp: 2021-04-01→ Common Stock (2,400,000 underlying)
Award
Common Stock, $.001 par value
2012-03-30$2.35/sh+20,000$47,000→ 823,058 total
Other
Option (Right to Buy)
2012-03-30−800,000→ 0 total
Exercise: $7.71Exp: 2021-04-01→ Common Stock (800,000 underlying)
Other
Option (Right to Buy)
2012-03-30+2,000,000→ 2,000,000 total
Exercise: $2.43From: 2012-03-30Exp: 2021-04-01→ Common Stock (2,000,000 underlying)
Award
Option (Right to Buy)
2012-03-30+41,152→ 41,152 total
Exercise: $2.43From: 2012-03-30Exp: 2022-03-30→ Common Stock (41,152 underlying)

Footnotes (4)

[F1]The previously owned 803,058 shares are restricted shares of common stock for which the vesting was accelerated and accordingly became fully vested on February 13, 2012.
[F2]The option is exercisable as to 400,000 shares of common stock on each of October 15, 2011 and April 15, 2012.
[F3]The option is exercisable in four equal semi-annual installments commencing on October 15, 2012.
[F4]On March 30, 2012, the Issuer and the Reporting Person agreed to amend and restructure the terms of certain options originally granted on April 1, 2011. The number of shares underlying the amended option (the "Amended Option") has been reduced from a total of 3,200,000 to 2,000,000, the exercise price has been amended from $7.71 per share to $2.43 per share and the Amended Option is immediately exercisable.

Documents

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