GREENWOOD WILLIAM E 4
4 · DUNE ENERGY INC · Filed Jan 5, 2009
Insider Transaction Report
Form 4
GREENWOOD WILLIAM E
Director
Transactions
- Award
Common Stock, $.001 par value
2008-12-31$0.18/sh+81,597$14,687→ 174,506 total
Footnotes (1)
- [F1]Represents shares of common stock received in lieu of cash for fees earned as a non-employee director during the quarter ended December 31, 2008, based upon the closing price of the Issuer's common stock on December 31, 2008. In accordance with the Issuer's Stock Incentive Plan, the Reporting person (who is a non-employee director) made a one-time annual election at the beginning of the Issuer's fiscal year to receive shares of common stock in lieu of cash for services rendered.