Seaman Bryant W. III 4
4 · GEORESOURCES INC · Filed Aug 3, 2012
Insider Transaction Report
Form 4
GEORESOURCES INCGEOI
Seaman Bryant W. III
Director
Transactions
- Disposition to Issuer
Common Stock
2012-08-01−6,252→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2012-08-01−20,000→ 0 totalExercise: $23.00Exp: 2021-06-06→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2012-08-01$33.46/sh−13,748$460,008→ 6,252 total - Exercise/Conversion
Common Stock
2012-08-01$27.00/sh+20,000$540,000→ 20,000 total - Disposition to Issuer
Common Stock
2012-08-01−3,861→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2012-08-01−20,000→ 0 totalExercise: $27.00Exp: 2021-06-06→ Common Stock (20,000 underlying) - Disposition to Issuer
Common Stock
2012-08-01−9,760→ 0 total - Exercise/Conversion
Common Stock
2012-08-01$23.00/sh+20,000$460,000→ 20,000 total - Tax Payment
Common Stock
2012-08-01$33.46/sh−16,139$540,011→ 3,861 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of April 24, 2012 and as amended June 22, 2012 (the "Merger Agreement"), by and among GeoResources, Inc. ("GeoResources"), Halcon Resources Corporation ("Halcon"), Leopard Sub I, Inc. ("Merger Sub") and Leopard Sub II, LLC ("Second Merger Sub"), Merger Sub merged with and into GeoResources (the "Merger"). Upon the effective time of the Merger, each share of GeoResources common stock ("Common Stock") was cancelled and exchanged for (1) $20.00 in cash, without interest, and (ii) 1.932 shares of Halcon common stock (the "Merger Consideration").
- [F2]This option was scheduled to vest in four equal annual installments beginning June 6, 2012. The option fully vested immediately prior to the effective time of the Merger.
- [F3]This option was scheduled to vest in four equal annual installments beginning June 6, 2012. The option fully vested immediately prior to the effective time of the Merger.