PALKO STEFFEN E 4
4 · XTO ENERGY INC · Filed Sep 30, 2004
Insider Transaction Report
Form 4
PALKO STEFFEN E
DirectorDir, Pres. and Vice Chairman
Transactions
- Award
Stock Options (right to buy)
2004-09-28+334,000→ 334,000 totalExercise: $32.77Exp: 2014-09-28→ Common Stock (334,000 underlying) - Exercise/Conversion
Stock Options (right to buy)
2004-09-28−343,000→ 0 totalExercise: $20.18Exp: 2013-11-18→ Common Stock (343,000 underlying) - Tax Payment
Common Stock
2004-09-28$32.77/sh−246,084$8,065,403→ 2,116,060 total - Exercise/Conversion
Common Stock
2004-09-28$20.18/sh+343,000$6,923,112→ 2,362,144 total
Holdings
- 124,570(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]Shares owned as of September 24, 2004 through the 401(k) Plan.
- [F4]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.
- [F5]The options become exercisable on the earlier vesting of 33 1/3% increments on 9/28/05, 9/28/06 and 9/28/07 or in 50% increments when the common stock trades at or above $35.00 and $37.00, respectively.