BRIGHAM DAVID T 4
4 · BRIGHAM EXPLORATION CO · Filed Dec 12, 2011
Insider Transaction Report
Form 4
BRIGHAM DAVID T
DirectorExecutive V.P. Land & Admin.
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$34.30/sh−100,000$3,430,000→ 0 totalExercise: $2.20From: 2010-04-22Exp: 2019-04-22→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$31.42/sh−24,000$754,080→ 0 totalExercise: $5.08From: 2009-10-10Exp: 2015-10-10→ Common Stock (24,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$30.36/sh−12,000$364,260→ 0 totalExercise: $6.14From: 2007-09-14Exp: 2013-09-14→ Common Stock (12,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$30.55/sh−230,000$7,025,350→ 0 totalExercise: $5.96From: 2010-08-10Exp: 2019-08-10→ Common Stock (230,000 underlying)
Footnotes (10)
- [F1]The option vested in five equal annual installments beginning on September 14, 2007.
- [F10]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $1,738,200 as consideration for the cancellation.
- [F2]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $364,260 as consideration for the cancellation.
- [F3]The option was scheduled to vest in five equal annual installments beginning on October 10, 2009. The option fully vested immediately prior to the expiration of the tender offer by Statoil ASA's acquisition subsidiary for all of the outstanding common stock of the issuer.
- [F4]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $754,080 as consideration for the cancellation.
- [F5]The option was scheduled to vest in five equal annual installments beginning on April 22, 2010. The option fully vested immediately prior to the expiration of the tender offer by Statoil ASA's acquisition subsidiary for all of the outstanding common stock of the issuer.
- [F6]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $3,430,000 as consideration for the cancellation.
- [F7]The option was scheduled to vest in five equal annual installments beginning on August 10, 2010. The option fully vested immediately prior to the expiration of the tender offer by Statoil ASA's acquisition subsidiary for all of the outstanding common stock of the issuer.
- [F8]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $7,025,350 as consideration for the cancellation.
- [F9]The option was scheduled to vest in five equal annual installments beginning on April 29, 2011. The option fully vested immediately prior to the expiration of the tender offer by Statoil ASA's acquisition subsidiary for all of the outstanding common stock of the issuer.