UNION DRILLING INC 4
4 · UNION DRILLING INC · Filed Nov 6, 2012
Insider Transaction Report
Form 4
STRONG CHRISTOPHER D
DirectorPresident and CEO
Transactions
- Disposition from Tender
Common Stock
2012-11-05$6.50/sh−98,722$641,693→ 0 total - Disposition to Issuer
Option Right-to-Buy
2012-11-05−16,077→ 0 totalExercise: $6.32Exp: 2019-12-03→ Common Stock (16,077 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−23,536→ 0 totalExercise: $4.67Exp: 2018-12-03→ Common Stock (23,536 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−118,466→ 0 totalExercise: $14.00Exp: 2015-10-15→ Common Stock (118,466 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−29,403→ 0 totalExercise: $12.75Exp: 2017-11-27→ Common Stock (29,403 underlying) - Disposition to Issuer
Restricted Stock Units
2012-11-05−21,126→ 0 totalExercise: $0.00→ Common Stock (21,126 underlying) - Disposition to Issuer
Restricted Stock Units
2012-11-05−8,039→ 0 totalExercise: $0.00→ Common Stock (8,039 underlying) - Disposition to Issuer
Restricted Stock Units
2012-11-05−200,000→ 0 totalExercise: $0.00→ Common Stock (200,000 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−49,361→ 0 totalExercise: $3.80Exp: 2013-05-31→ Common Stock (49,361 underlying) - Disposition to Issuer
Restricted Stock Units
2012-11-05−17,131→ 0 totalExercise: $0.00→ Common Stock (17,131 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger between the Issuer, Sidewinder Drilling Inc. and Fastball Acquisition Inc.
- [F2]At the effective time of the merger, each restricted stock unit vested in full and was converted into the right to receive a cash amount equal to the merger consideration.
- [F3]At the effective time of the merger, each option was cancelled in exchange for a cash amount equal to the net value of the exercise price and the merger consideration.