Weber Richard 4
4 · ATLAS ENERGY, INC. · Filed Feb 22, 2011
Insider Transaction Report
Form 4
Weber Richard
President
Transactions
- Disposition to Issuer
Common Stock
2011-02-17−61,260→ 0 total - Disposition to Issuer
Restricted Stock Units
2011-02-17−24,728→ 0 total→ Common Stock (24,728 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-02-17−112,500→ 0 totalExercise: $13.82From: 2010-04-17Exp: 2016-04-17→ Common Stock (112,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-02-17−90,000→ 0 totalExercise: $25.08Exp: 2018-01-29→ Common Stock (90,000 underlying) - Disposition to Issuer
Common Stock
2011-02-17−330→ 0 total(indirect: BY ESOP) - Disposition to Issuer
Stock Option (right to buy)
2011-02-17−433,552→ 0 totalExercise: $10.66From: 2010-04-17Exp: 2016-12-18→ Common Stock (433,552 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-02-17−70,000→ 0 totalExercise: $21.60Exp: 2020-02-08→ Common Stock (70,000 underlying)
Footnotes (6)
- [F1]In connection with the Agreement and Plan of Merger among the Issuer, Chevron Corporation and Arkhan Corporation (the "Merger Agreement"), the reporting person's shares of the Issuer were disposed of and exchanged for (i) $38.25 per share in cash and (ii) 0.5203 common units of Atlas Energy, L.P. (formerly Atlas Pipeline Holdings, L.P.) (NYSE: AHD) for each share of the Issuer.
- [F2]This option was previously reported as an option to purchase 373,752 shares of Atlas Energy Resources, LLC ("ATN") at an exercise price of $21.00, but was adjusted to reflect the Issuer's acquisition of ATN and in accordance with the exercise price reduction set forth in the Merger Agreement. Pursuant to the Merger Agreement, the reporting person's options were cashed out at the per option price representing the difference between $38.25 and the adjusted exercise price.
- [F3]The security vests 25% per year on the anniversary of the grant.
- [F4]This option was previously reported with an exercise price of $21.27, but was adjusted in accordance with the exercise price reduction set forth in the Merger Agreement. Pursuant to the Merger Agreement, the reporting person's options were cashed out at the per option price representing the difference between $38.25 and the adjusted exercise price.
- [F5]This option was previously reported with an exercise price of $29.05, but was adjusted in accordance with the exercise price reduction set forth in the Merger Agreement. Pursuant to the Merger Agreement, the reporting person's options were cashed out at the per option price representing the difference between $38.25 and the adjusted exercise price.
- [F6]Pursuant to the Merger Agreement, the reporting person's unvested restricted stock units were adjusted to represent the right to receive 24,728 shares of the issuer. Pursuant to their treatment under the Merger Agreement, the reporting person's adjusted restricted stock units were cashed out at $38.25 per restricted stock unit.