Zaziski Fred B 4
4 · Mesa Energy Holdings, Inc. · Filed Apr 24, 2013
Insider Transaction Report
Form 4
Zaziski Fred B
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2013-03-28−100,000→ 0 totalExercise: $0.15Exp: 2017-06-07→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2013-03-28−50,000→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-03-28−250,000→ 0 totalExercise: $0.25Exp: 2015-01-27→ Common Stock (250,000 underlying)
Footnotes (4)
- [F1]Includes 25,000 shares under a restricted stock grant pursuant to the Issuer's 2009 Equity Incentive Plan: 10,000 shares were to vest on March 30, 2013 and 15,000 shares were to vest on September 30, 2013. This restricted stock grant was assumed by Armada Oil, Inc. ("Armada") under an Asset Acquisition Agreement (the "Acquisition Agreement") between Armada and the Issuer and replaced with a restricted stock grant for 10,000 shares of Armada common stock under the Armada's 2012 Long-Term Incentive Plan.
- [F2]Disposed of and exchanged pursuant to the Acquisition Agreement between the Issuer and Armada. As of the closing of the acquisition of substantially all of the Issuer's assets by Armada, each share of the Issuer's common stock was exchanged for 0.40 shares of Armada common stock.
- [F3]Non-Qualified Stock Option (vested) issued pursuant to the Issuer's 2009 Equity Incentive Plan, assumed by Armada under the Acquisition Agreement and replaced with a Non-Qualified Stock Option to buy 100,000 shares of Armada common stock with $0.63 exercise price per share under the Armada's 2012 Long-Term Incentive Plan.
- [F4]Non-Qualified Stock Option issued pursuant to the Issuer's 2009 Equity Incentive Plan, which provided for vesting in two equal annual installments beginning on June 8, 2013, assumed by Armada under the Acquisition Agreement and replaced with a Non-Qualified Stock Option to buy 40,000 shares of Armada common stock with $0.38 exercise price per share under the Armada's 2012 Long-Term Incentive Plan.