OLIVIER LORRIE T 4/A
4/A · TRANSMERIDIAN EXPLORATION INC · Filed Jul 11, 2006
Insider Transaction Report
Form 4/AAmended
OLIVIER LORRIE T
DirectorCHAIRMAN/CEO10% Owner
Transactions
- Purchase
Put Option (right to sell)
2006-03-28+0→ 0 total(indirect: By Trust)→ Common Stock
Footnotes (1)
- [F1]On March 30, 2006, the reporting person filed a Form 4 reporting the acquisition of a put option in the form of a non-recourse loan to The Olivier Family Trust (the "Trust") for the principal sum of approximately $6.4 million pursuant to which the Trust was to pledge 2,500,000 restricted shares of Common Stock as collateral for the loan. In fact, the loan was never funded and the transaction reported by the reporting person was not completed.