Sisselman Steven M 4
4 · DUNE ENERGY INC · Filed Jan 5, 2010
Insider Transaction Report
Form 4
Sisselman Steven M
Director
Transactions
- Award
Common Stock, $.001 par value
2009-12-31$0.23/sh+63,888$14,375→ 147,768 total - Award
Common Stock, $.001 par value
2009-12-31$0.23/sh+7,000$1,575→ 154,768 total
Footnotes (3)
- [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, 2009, based upon the closing price of the Issuer's common stock on December 31, 2009. 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.
- [F2]Represents shares of common stock granted on December 31, 2009 pursuant to the Issuer's 2007 Stock Incentive Plan.
- [F3]Adjusted for 1-for-5 reverse stock split that was effective on December 1, 2009.