GOBBLE KENNETH A 4
4 · WARREN RESOURCES INC · Filed Jun 14, 2010
Insider Transaction Report
Form 4
GOBBLE KENNETH A
Senior Vice President
Transactions
- Tax Payment
Common Stock
2010-06-10$2.99/sh−1,251$3,740→ 8,207 total - Exercise/Conversion
Restricted Stock Units
2010-06-10−4,729→ 9,458 totalExercise: $0.00From: 2010-06-10Exp: 2010-12-10→ Common Stock (4,729 underlying) - Exercise/Conversion
Common Stock
2010-06-10$2.99/sh+4,729$14,140→ 9,458 total
Footnotes (2)
- [F1]On March 5, 2010, Reporting Person was issued restricted stock units (RSUs). Each RSU represents a contingent right to receive one (1) share of Warren Resources, Inc. common stock once vested. The RSUs granted on March 5, 2010 vest as follows: 1/4th on March 9, 2010; 1/4th on June 10, 2010; 1/4th on on September 10, 2010; and 1/4th on December 10, 2010.
- [F2]Restricted Stock vested through net settlement with the Company pursuant to which the Company withheld the number of shares necessary to cover Reporting Person's minimum tax withholding.