POGO PRODUCING CO 4
4 · POGO PRODUCING CO · Filed Nov 6, 2007
Insider Transaction Report
Form 4
Gong Gerrit W
Director
Transactions
- Disposition to Issuer
Pogo Producing Company Common Stock
2007-11-06−7,000→ 0 total - Disposition to Issuer
Options to purchase Pogo Common Stock
2007-11-06−5,000→ 0 totalExercise: $24.09Exp: 2010-05-31→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the merger agreement between issurer and Plains Exploration & Production Company in exchange for aggregate consideration of $58.4833/share (which may consist of cash, Plains stock, or a combination thereof) as provided for in the merger agreement.
- [F2]This option which provided for vesting in three equal annual installments beginning June 1, 2001 was converted in the merger into a cash payment of $171,947.75 representing the product of the number of shares subject to the option and the difference between the exercise price of the option and the aggregate consideration per share provided for in the merger agreement.
- [F3]This option which provided for vesting in three equal annual installments beginning June 1, 2002 was converted in the merger into a cash payment of $148,416.50 representing the product of the number of shares subject to the option and the difference between the exercise price of the option and the aggregate consideration per share provided for in the merger agreement.
- [F4]This option which provided for vesting in three equal annual installments beginning June 1, 2003 was converted in the merger into a cash payment of $136,541.50 representing the product of the number of shares subject to the option and the difference between the exercise price of the option and the aggregate consideration per share provided for in the merger agreement.