LARSON JEFFREY E 4
4 · BRIGHAM EXPLORATION CO · Filed Oct 14, 2010
Insider Transaction Report
Form 4
LARSON JEFFREY E
Executive V.P. Exploration
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2010-10-12$5.08/sh+8,000$40,640→ 46,008 total - Sale
Common Stock, par value $.01 per share
2010-10-12$21.13/sh−8,000$169,069→ 38,008 total - Exercise/Conversion
Incentive Stock Options (right to buy)
2010-10-12−8,000→ 24,000 totalExercise: $5.08From: 2009-10-10Exp: 2015-10-10→ Common Stock, par value $.01 (8,000 underlying)
Holdings
- 270(indirect: By Spouse)
Common Stock, par value $.01 per share
Footnotes (4)
- [F1]Exercise of employee stock option to purchase 8,000 shares of common stock pursuant to the reporting person's existing 10b5-1 trading plan.
- [F2]Sale of common stock acquired as a result of the exercise of an employee stock option pursuant to the reporting person's existing 10b5-1 trading plan.
- [F3]$21.1336 was the weighted average sale price for the transaction reported. The sales prices ranged from a low of $20.67 per share to a high of $21.415 per share. Upon request, the reporting person will provide to the SEC staff, the issuer or any security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F4]The options vest in five equal annual installments beginning 10/10/09.