PRIMEENERGY CORP 4
4 · PRIMEENERGY CORP · Filed Jan 21, 2009
Insider Transaction Report
Form 4
PRIMEENERGY CORPPNRG
DRIMAL CHARLES E JR
DirectorPresident10% Owner
Transactions
- Other
Common Stock
2009-01-18−80,000→ 0 total(indirect: See Footnote)
Holdings
- 174,375
Purchase Option
Exercise: $1.25→ Common Stock (174,375 underlying) - 523,125
Purchase Option
Exercise: $1.00→ Common Stock (523,125 underlying) - 506,906
Common Stock
Footnotes (2)
- [F1]No shares were bought or sold by Mr. Drimal. Mr. Drimal had sole voting rights with respect to these 80,000 shares, pursuant to a Voting Agreement with his mother, Mrs. Juanita Drimal, who died January 18, 2009, terminating such Voting Agreement.
- [F2]All options are fully exercisable and are non-expiring during employment, but must be exercised within three months after termination of employment, or within one year if termination occurs by reason of death or disability.