Castillo Tina L 4
4 · UNION DRILLING INC · Filed Nov 6, 2012
Insider Transaction Report
Form 4
Castillo Tina L
Other
Transactions
- Disposition from Tender
Common Stock
2012-11-05$6.50/sh−408$2,652→ 0 total - Disposition to Issuer
Option Right-to-Buy
2012-11-05−8,000→ 0 totalExercise: $6.32Exp: 2019-12-03→ Common Stock (8,000 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−75,000→ 0 totalExercise: $6.36Exp: 2020-08-04→ Common Stock (75,000 underlying) - Disposition to Issuer
Option Right-to-Buy
2012-11-05−25,000→ 0 totalExercise: $9.89Exp: 2019-06-01→ Common Stock (25,000 underlying) - Disposition to Issuer
Restricted Stock Units
2012-11-05−7,042→ 0 totalExercise: $0.00→ Common Stock (7,042 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.