GMX RESOURCES INC 4
4 · GMX RESOURCES INC · Filed May 20, 2008
Insider Transaction Report
Form 4
KENWORTHY KEN L JR
DirectorCEO and President
Transactions
- Sale
Common Stock
2008-05-19$43.00/sh−50,000$2,150,175→ 707,805 total
Holdings
- 570,252(indirect: By Spouse)
Common Stock
- 13,036(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on May 8, 2008.
- [F2]Price shown is average for multiple trades made on 5/19/2008. The high was $43.57 and the low was $42.50.
- [F3]The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.