KNIFFEN BENNIE G 4
4 · XTO ENERGY INC · Filed Sep 30, 2004
Insider Transaction Report
Form 4
KNIFFEN BENNIE G
Sr. VP and Controller
Transactions
- Award
Common Stock
2004-09-28+32,500→ 416,450 total - Exercise/Conversion
Stock Option (right to buy)
2004-09-28−65,500→ 0 totalExercise: $20.18Exp: 2013-11-18→ Common Stock (65,500 underlying) - Tax Payment
Common Stock
2004-09-28$32.77/sh−46,993$1,540,196→ 383,950 total - Exercise/Conversion
Common Stock
2004-09-28$20.18/sh+65,500$1,322,052→ 430,943 total
Holdings
- 78,051(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]As adjusted for a five-for-four stock split effected on March 17, 2004.
- [F2]Shares withheld in payment of exercise price and/or tax liabilities in accordance with Rule 16b-3
- [F3]Grant of performance shares under the 1998 Stock Incentive Plan that will vest 50% when the common stock trades at or above $37.50 and 50% when the common stock trades at or above $42.50.
- [F4]Shares owned as of September 24, 2004 through the 401(k) Plan.
- [F5]The options became exercisable in 25% increments on December 4, 2003, February 27, 2004, March 2, 2004 and April 19, 2004 when the common stock traded at or above $22.00, $24.00, $26.00 and $28.00 respectively. All vesting prices have been adjusted to reflect the five-for-four stock split effected on March 17, 2004.