SAMPLE D LEROY 4
4 · TIPPERARY CORP · Filed Apr 27, 2005
Insider Transaction Report
Form 4
SAMPLE D LEROY
Director
Transactions
- Award
TPY Warrants
2005-04-26+25,000→ 25,000 totalExercise: $4.95From: 2005-04-26→ Common Stock (25,000 underlying)
Holdings
- 11,178
TPY Common Stock, $.02 par value
- 50,000
TPY Warrants
Exercise: $3.00From: 2000-11-30→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The warrants became exercisable as follows: 16,667 warrants on November 30, 2001; 16,667 warrants on November 30, 2002; and 16,666 warrants on November 30, 2003.
- [F2]Warrants expire two years following termination of directorship.
- [F3]The warrants become exercisable as follows: 8,334 warrants on January 10, 2006; 8,333 warrants on January 10, 2007; and 8,333 warrants on January 10, 2008.