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
BROUSSARD L SCOTT
VP - Drilling and Production
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.87/sh−5,000$249,350→ 0 totalExercise: $15.63Exp: 2009-01-15→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$31.45/sh−10,000$314,500→ 0 totalExercise: $34.05Exp: 2012-05-06→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.87/sh−19,200$957,504→ 0 totalExercise: $15.63Exp: 2008-03-02→ Common Stock (19,200 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.77/sh−20,000$555,400→ 0 totalExercise: $37.73Exp: 2012-02-12→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock
2005-12-13$65.50/sh−2,182$142,921→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
2005-12-13$65.50/sh−3,276$214,578→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.95/sh−35,400$989,430→ 0 totalExercise: $37.55Exp: 2011-05-08→ Common Stock (35,400 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.37/sh−25,000$1,234,250→ 0 totalExercise: $16.13Exp: 2010-02-28→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$26.94/sh−24,600$662,724→ 0 totalExercise: $38.56Exp: 2011-01-11→ Common Stock (24,600 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$42.61/sh−30,000$1,278,300→ 0 totalExercise: $22.89Exp: 2008-05-06→ Common 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.
Documents
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