MAGELLAN PETROLEUM CORP /DE/ 4
4 · MAGELLAN PETROLEUM CORP /DE/ · Filed Jul 3, 2013
Insider Transaction Report
Form 4
wilson j thomas
Director
Transactions
- Award
Common Stock
2013-07-01+150,000→ 677,902 total
Footnotes (2)
- [F1]On July 1, 2013, 150,000 restricted shares of common stock were awarded to the reporting person pursuant to the Magellan Petroleum Corporation 2012 Omnibus Incentive Compensation Plan. The restricted shares are subject to the following vesting schedule: (1) one-third of the award (50,000 shares) are scheduled to vest on July 1, 2014, (2) one-third of the award (50,000 shares) are scheduled to vest on July 1, 2015, and (3) the final one-third of the award (50,000 shares) are scheduled to vest on July 1, 2016.
- [F2]Since the date of the reporting person's last report, the reporting person has transferred 370,902 shares that were directly owned in a transaction that is exempt from Section 16 of the Securities Exchange Act of 1934 under Securities and Exchange Commission Rule 16a-12.