Duncan Marc 4
4 · CONTANGO OIL & GAS CO · Filed Apr 8, 2010
Insider Transaction Report
Form 4
Duncan Marc
President & COO
Transactions
- Exercise/Conversion
Common Stock
2010-04-07$9.30/sh+25,000$232,500→ 33,250 total - Disposition to Issuer
Common Stock
2010-04-07$54.98/sh−4,229$232,510→ 29,021 total - Sale
Common Stock
2010-04-07$54.98/sh−20,771$1,141,990→ 8,250 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-04-07−25,000→ 0 totalExercise: $9.30From: 2006-06-20Exp: 2010-06-20→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Reporting person engaged in a cashless exercise of stock options granted under the Issuer's Incentive Plan exempt under 16b-3 using Contango's common stock having a value at the date of exercise of $54.98 per share to pay the exercise price. Shares acquired were sold at a price of $54.98 per share.