Home/Filings/4/0001181431-05-067026
4//SEC Filing

BROUSSARD L SCOTT 4

Accession 0001181431-05-067026

CIK 0001089697other

Filed

Dec 14, 7:00 PM ET

Accepted

Dec 15, 4:26 PM ET

Size

27.3 KB

Accession

0001181431-05-067026

Insider Transaction Report

Form 4
Period: 2005-12-13
BROUSSARD L SCOTT
VP - Drilling and Production
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$49.87/sh5,000$249,3500 total
    Exercise: $15.63Exp: 2009-01-15Common Stock (5,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$31.45/sh10,000$314,5000 total
    Exercise: $34.05Exp: 2012-05-06Common Stock (10,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$49.87/sh19,200$957,5040 total
    Exercise: $15.63Exp: 2008-03-02Common Stock (19,200 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$27.77/sh20,000$555,4000 total
    Exercise: $37.73Exp: 2012-02-12Common Stock (20,000 underlying)
  • Disposition to Issuer

    Common Stock

    2005-12-13$65.50/sh2,182$142,9210 total(indirect: By 401(k))
  • Disposition to Issuer

    Common Stock

    2005-12-13$65.50/sh3,276$214,5780 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$27.95/sh35,400$989,4300 total
    Exercise: $37.55Exp: 2011-05-08Common Stock (35,400 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$49.37/sh25,000$1,234,2500 total
    Exercise: $16.13Exp: 2010-02-28Common Stock (25,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$26.94/sh24,600$662,7240 total
    Exercise: $38.56Exp: 2011-01-11Common Stock (24,600 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-12-13$42.61/sh30,000$1,278,3000 total
    Exercise: $22.89Exp: 2008-05-06Common Stock (30,000 underlying)
Footnotes (10)
  • [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, 2005, the grant date, and were canceled in the merger in exchange for a cash payment of $314,500.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F2]Options became 100% vested on December 30, 2000 and were canceled in the merger in exchange for a cash payment of $957,600.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F3]Options became 100% vested on January 15, 2003 and were canceled in the merger in exchange for a cash payment of $249,375.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F4]Options became 100% vested on February 28, 2004 and were canceled in the merger in exchange for a cash payment of $1,234,375.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F5]Options became 100% vested on January 11, 2005 and were canceled in the merger in exchange for a cash payment of $662,662.50, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F6]Options became 100% vested on May 8, 2005 and were canceled in the merger in exchange for a cash payment of $989,430.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F7]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 $555,400.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F8]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 $1,278,300.00, representing the difference between the exercise price of the option and merger consideration of $65.50.
  • [F9]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 $568,400.00, representing the difference between the exercise price of the option and merger consideration of $65.50.

Issuer

SPINNAKER EXPLORATION CO

CIK 0001089697

Entity typeother

Related Parties

1
  • filerCIK 0001191516

Filing Metadata

Form type
4
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:26 PM ET
Size
27.3 KB