4//SEC Filing
BENNETT JIMMY W 4
Accession 0001181431-05-067024
CIK 0001089697other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:26 PM ET
Size
31.9 KB
Accession
0001181431-05-067024
Insider Transaction Report
Form 4
BENNETT JIMMY W
VP - Systems Tech. & Process.
Transactions
- Disposition to Issuer
Common Stock
2005-12-13$65.50/sh−1,395$91,373→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
2005-12-13$65.50/sh−5,176$339,028→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$31.45/sh−8,000$251,600→ 0 totalExercise: $34.05Exp: 2012-05-06→ Common Stock (8,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$63.00/sh−800$50,400→ 0 totalExercise: $2.50Exp: 2008-01-06→ Common Stock (800 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.87/sh−13,200$658,284→ 0 totalExercise: $15.63Exp: 2007-04-21→ Common Stock (13,200 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.37/sh−10,450$515,917→ 0 totalExercise: $16.13Exp: 2010-02-28→ Common Stock (10,450 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.95/sh−29,500$824,525→ 0 totalExercise: $37.55Exp: 2011-05-08→ Common Stock (29,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$42.61/sh−25,000$1,065,250→ 0 totalExercise: $22.89Exp: 2008-05-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$26.94/sh−20,500$552,270→ 0 totalExercise: $38.56Exp: 2011-01-11→ Common Stock (20,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.77/sh−15,000$416,550→ 0 totalExercise: $37.73Exp: 2012-02-12→ Common Stock (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.87/sh−4,000$199,480→ 0 totalExercise: $15.63Exp: 2009-01-15→ Common Stock (4,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$51.00/sh−5,071$258,621→ 0 totalExercise: $14.50Exp: 2009-10-04→ Common Stock (5,071 underlying)
Footnotes (12)
- [F1]The shares were disposed of pursuant to the merger agreement between the issuer and Norsk Hydro ASA in exchange for merger consideration of $65.50 per share.
- [F10]Options vested 20% on May 6, 2003, the grant date, and vested in 20% increments on each anniversary of the grant date and were canceled in the merger in exchange for a cash payment of $1,065,250.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F11]Options vested 20% on February 13, 2004, the grant date, and vested in 20% increments on each anniversary of the grant date and were canceled in the merger in exchange for a cash payment of $426,300.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F12]Options vested 20% on May 6, 2005, the grant date, and were canceled in the merger in exchange for a cash payment of $251,600.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F2]Options became 100% vested on April 21, 2001 and were canceled in the merger in exchange for a cash payment of $658,350.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F3]Options became 100% vested on January 6, 2002 and were canceled in the merger in exchange for a cash payment of $50,400.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F4]Options became 100% vested on January 15, 2003 and were canceled in the merger in exchange for a cash payment of $199,500.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F5]Options became 100% vested on October 4, 2003 and were canceled in the merger in exchange for a cash payment of $258,621.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F6]Options became 100% vested on February 28, 2004 and were canceled in the merger in exchange for a cash payment of $515,968.75, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F7]Options became 100% vested on January 11, 2005 and were canceled in the merger in exchange for a cash payment of $552,218.75, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F8]Options became 100% vested on May 8, 2005 and were canceled in the merger in exchange for a cash payment of $824,525.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
- [F9]Options vested 20% on February 12, 2002, the grant date, and vested in 20% increments on each anniversary of the grant date and were canceled in the merger in exchange for a cash payment of $416,550.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
Documents
Issuer
SPINNAKER EXPLORATION CO
CIK 0001089697
Entity typeother
Related Parties
1- filerCIK 0001191519
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:26 PM ET
- Size
- 31.9 KB