ECKERT JAMES C 4
4 · OMNI ENERGY SERVICES CORP · Filed Nov 5, 2010
Insider Transaction Report
Form 4
ECKERT JAMES C
Other
Transactions
- Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−400,000$1,100,000→ 0 total - Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−26,265$72,229→ 0 total - Disposition to Issuer
Director Options
2010-10-27−3,000→ 0 totalExercise: $1.63Exp: 2019-05-28→ Common Stock (3,000 underlying) - Disposition to Issuer
Series C 9% Convertible Preferred Shares
2010-10-27−105,640→ 0 totalExercise: $1.95→ Common Stock (105,640 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of June 3, 2010 by and among Wellspring OMNI Holdings Corporation, Wellspring OMNI Acquisition Corporation and OMNI Energy Services Corp. (the "Merger") in exchange for $2.75 per share.
- [F2]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $3,360.00.
- [F3]Represents shares acquired as a result of the conversion of 206 shares of Series C Convertible Preferred Stock. Such shares were disposed of pursuant to the Merger in exchange for $2.75 per share.
- [F4]Not Applicable