Bass Marshall Lynn 4
4 · DUNE ENERGY INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
Bass Marshall Lynn
Director
Transactions
- Exercise/Conversion
Common Stock
2006-12-29$0.85/sh+15,880$13,498→ 0 total - Gift
Common Stock
2006-12-29−3,000→ 12,880 total - Exercise/Conversion
Options to purchase Common Stock ("Options")
2006-12-29$0.85/sh−25,000$21,250→ 50,000 totalExercise: $0.85From: 2004-12-15Exp: 2009-12-15→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Mr. Bass acquired 15,880 shares of Common Stock upon exercise of an option to purchase up to 25,000 shares of Common Stock pursuant to a cashless exercise provision; the balance (12,880 shares of Common Stock) represents the aggregate exercise price. Mr. Bass gifted 3,000 shares of Common Stock to a local charity. No further shares of Common Stock are issueable under such Option.
- [F2]Does not include Common Stock issueable upon exercise of options to acquire up to 50,000 shares of Common Stock reported on Table II.
- [F3]Includes Options acquired on 10/28/2005 and expiring 10/28/2010 to purchase up to 50,000 shares of Common Stock at an exercise price of $2.35.