CEROTZKE DAVID A 4

4 · ENERGY WEST INC · Filed Dec 19, 2007

Form 4

Period: 2007-12-05

President & CEO

Transactions

Exercise/Conversion
Common Stock
2007-12-05$9.85/sh+7,500$73,875→ 78,009 total(indirect: See Footnote)
Exercise/Conversion
Stock Option
2007-12-05−3,750→ 46,250 total
Exercise: $10.51Exp: 2015-10-03→ Common Stock (3,750 underlying)
Exercise/Conversion
Common Stock
2007-12-05$10.51/sh+3,750$39,413→ 60,509 total(indirect: See Footnote)
Exercise/Conversion
Stock Option
2007-12-05−10,000→ 28,750 total
Exercise: $6.47Exp: 2014-06-30→ Common Stock (10,000 underlying)
Exercise/Conversion
Stock Option
2007-12-05−5,000→ 50,000 total
Exercise: $8.56Exp: 2016-06-30→ Common Stock (5,000 underlying)
Tax Payment
Common Stock
2007-12-05$14.98/sh−25,000$374,500→ 53,009 total(indirect: See Footnote)
Exercise/Conversion
Common Stock
2007-12-05$8.56/sh+5,000$42,800→ 56,759 total(indirect: See Footnote)
Exercise/Conversion
Stock Option
2007-12-05−7,500→ 38,750 total
Exercise: $9.85Exp: 2015-06-30→ Common Stock (7,500 underlying)
Exercise/Conversion
Common Stock
2007-12-05$6.47/sh+10,000$64,700→ 70,509 total(indirect: See Footnote)

Footnotes (5)

[F1]Includes (i) 27,250 shares held by the David A. Cerotzke Living Trust dated April 9, 2002, (ii) 631 shares in the Company's 401(k) plan, (iii) 19 shares held directly in accordance with the company's dividend reinvestment policy, and (iv) 109 shares in stock equivalents received as a board member.
[F2]All options exercised were exercisable as of 7/1/2007.
[F3]All options exercised were exercisable as of 10/4/2007.
[F4]All options exercised were exercisable as of 12/4/2007.
[F5]The reporting person was not required to pay for the options granted under an issuer-sponsored plan.

Documents

1 file