4//SEC Filing
ZARUBA JEFFREY C 4
Accession 0001181431-05-067046
CIK 0001089697other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:37 PM ET
Size
26.4 KB
Accession
0001181431-05-067046
Insider Transaction Report
Form 4
ZARUBA JEFFREY C
VP, Treasurer and Asst. Secr.
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.37/sh−5,000$246,850→ 0 totalExercise: $16.13Exp: 2010-02-28→ Common Stock (5,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.95/sh−10,325$288,584→ 0 totalExercise: $37.55Exp: 2011-05-08→ Common Stock (10,325 underlying) - Disposition to Issuer
Common Stock
2005-12-13$65.50/sh−1,500$98,250→ 0 total - 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
Common Stock
2005-12-13$65.50/sh−1,281$83,906→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$27.77/sh−10,000$277,700→ 0 totalExercise: $37.73Exp: 2012-02-12→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$28.42/sh−20,000$568,400→ 0 totalExercise: $37.08Exp: 2009-02-13→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$26.94/sh−7,175$193,295→ 0 totalExercise: $38.56Exp: 2011-01-11→ Common Stock (7,175 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-12-13$49.87/sh−18,500$922,595→ 0 totalExercise: $15.63Exp: 2009-08-10→ Common Stock (18,500 underlying) - 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)
Footnotes (9)
- [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.
- [F2]Options became 100% vested on August 10, 2003 and were canceled in the merger in exchange for a cash payment of $922,687.50, representing the difference between the exercise price of the option and merger consideration of $65.50. The reporting person had previously transferred an employee stock option to purchase 18,500 shares of SKE common stock to his ex-wife pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- [F3]Options became 100% vested on February 28, 2004 and were canceled in the merger in exchange for a cash payment of $246,875.00, representing the difference between the exercise price of the option and merger consideration of $65.50. The reporting person had previously transferred an employee stock option to purchase 5,000 shares of SKE common stock to his ex-wife pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- [F4]Options became 100% vested on January 11, 2005 and were canceled in the merger in exchange for a cash payment of $193,276.56, representing the difference between the exercise price of the option and merger consideration of $65.50. The reporting person had previously transferred an employee stock option to purchase 7,175 shares of SKE common stock to his ex-wife pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- [F5]Options became 100% vested on May 8, 2005 and were canceled in the merger in exchange for a cash payment of $288,583.75, representing the difference between the exercise price of the option and merger consideration of $65.50. The reporting person had previously transferred an employee stock option to purchase 10,325 shares of SKE common stock to his ex-wife pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- [F6]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 $277,700.00, representing the difference between the exercise price of the option and merger consideration of $65.50. The reporting person had previously transferred an employee stock option to purchase 10,000 shares of SKE common stock to his ex-wife pursuant to a qualified domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- [F7]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.
- [F8]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.
- [F9]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.
Documents
Issuer
SPINNAKER EXPLORATION CO
CIK 0001089697
Entity typeother
Related Parties
1- filerCIK 0001191521
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:37 PM ET
- Size
- 26.4 KB