DUNE ENERGY INC 4
4 · DUNE ENERGY INC · Filed Jun 14, 2007
Insider Transaction Report
Form 4
GAINES ALAN
DirectorChairman
Transactions
- Award
Common Stock, $.001 par value
2007-04-17$1.79/sh+3,000,000$5,370,000→ 4,315,501 total
Footnotes (1)
- [F1]Represents restricted shares of common stock ("Award") issued pursuant to that Restricted Stock Agreement, dated April 17, 2007, between Reporting Person and Issuer, which Award was made subject to certain conditions subsequent, as previously disclosed by Issuer in its Current Report on Form 8-K filed with the SEC on April 18, 2007 and its Information Statement on Schedule 14A filed with the SEC and distributed to the stockholders on May 21, 2007. The Award vested with respect to 1,000,000 shares of common stock upon satisfaction of these conditions subsequent and shall vest with respect to an additional 1,000,000 shares on each of April 17, 2008 and April 17, 2009, respectively.