REYNOLDS STEPHEN P 4
4 · BRIGHAM EXPLORATION CO · Filed Dec 12, 2011
Insider Transaction Report
Form 4
REYNOLDS STEPHEN P
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$24.76/sh−10,000$247,600→ 0 totalExercise: $11.74From: 2006-12-31Exp: 2012-12-31→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-08$34.28/sh−40,000$1,371,400→ 0 totalExercise: $2.21From: 2010-04-28Exp: 2019-04-28→ Common Stock (40,000 underlying)
Footnotes (14)
- [F1]The option vested in five equal annual installments beginning on December 31, 2006.
- [F10]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $1,371,400 as consideration for the cancellation.
- [F11]The option was scheduled to vest in five equal annual installments beginning on December 31, 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.
- [F12]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $226,450 as consideration for the cancellation.
- [F13]The option was scheduled to vest in five equal annual installments beginning on December 31, 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.
- [F14]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $93,500 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 $247,600 as consideration for the cancellation.
- [F3]The option was scheduled to vest in five equal annual installments beginning on December 31, 2007. 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 $290,750 as consideration for the cancellation.
- [F5]The option was scheduled to vest in five equal annual installments beginning on December 31, 2008. 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 $291,250 as consideration for the cancellation.
- [F7]The option was scheduled to vest in five equal annual installments beginning on December 31, 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.
- [F8]The option was cancelled in connection with the merger of the issuer with the acquisition subsidiary of Statoil ASA. The reporting person received $333,950 as consideration for the cancellation.
- [F9]The option was scheduled to vest in five equal annual installments beginning on April 28, 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.