Terrell Michael A 4
4 · GOLDEN STAR RESOURCES LTD · Filed May 13, 2009
Insider Transaction Report
Form 4
Terrell Michael A
Director
Transactions
- Sale
Common Shares
2009-05-12$1.88/sh−216,000$406,080→ 0 total - Exercise/Conversion
Common Share Options (Right to Buy)
2009-05-12−216,000→ 160,000 totalExercise: $1.56From: 2005-12-21Exp: 2009-09-21→ Common Shares (216,000 underlying) - Exercise/Conversion
Common Shares
2009-05-12$1.56/sh+216,000$336,960→ 216,000 total - Exercise/Conversion
Common Shares
2009-05-12$0.93/sh+40,000$37,200→ 40,000 total - Sale
Common Shares
2009-05-12$1.89/sh−40,000$75,600→ 0 total - Exercise/Conversion
Common Share Options (Right to Buy)
2009-05-12−40,000→ 120,000 totalExercise: $0.93From: 2008-12-16Exp: 2018-12-16→ Common Shares (40,000 underlying)
Footnotes (6)
- [F1]The price reported represents the weighted average sale price for sale transactions involving shares directly held by the reporting person, executed in a price range from $1.84 to $1.91. The reporting person will provide full information regarding the number of shares sold at each separate price to the Commission staff, the issuer or a security holder of the issuer upon request.
- [F2]The price reported represents the weighted average sale price for sale transactions involving shares directly held by the reporting person, executed in a price range from $1.88 to $1.89. The reporting person will provide full information regarding the number of shares sold at each separate price to the Commission staff, the issuer or a security holder of the issuer upon request.
- [F3]Reporting person also owns 2,062 Common Shares indirectly through the reporting persons spouse. The filing of this statement shall not be deemed as an admission that the reporting person is the beneficial owner of any securities not held directly by his account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
- [F4]The exercise price is CDN$1.82; this is the USD$ equivalent on the date of exercise (CDN$1.00=USD$0.8565).
- [F5]Options issued pursuant to St. Jude Resources option plan.
- [F6]The exercise price is CDN$1.08; this is the USD$ equivalent on the date of exercise (CDN$1.00=USD$0.8565).