Emerald Oil, Inc. 4
4 · Emerald Oil, Inc. · Filed Jul 21, 2014
Insider Transaction Report
Form 4
Rudisill McAndrew
DirectorPresident
Transactions
- Expiration
Put Option (obligation to buy)
2014-07-18−100→ 0 totalExercise: $7.50From: 2014-05-14Exp: 2014-07-18→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]The expiration of the put option (obligation to buy) on July 18, 2014 reported herein was matchable under Section 16(b)of the Securities Exchange Act of 1934 against the writing of the put option (obligation to buy) on May 14, 2014, as the expiration of a put option is deemed a sale of the underlying securities for the purposes of Section 16(b). The reporting person voluntarily paid Emerald Oil, Inc. $9,994.43, representing the full amount of the profit realized in connection with the expiration of the put option, less transactions costs.