TUGWELL JOHN O 4
4 · EDGE PETROLEUM CORP · Filed Jan 2, 2004
Insider Transaction Report
Form 4
TUGWELL JOHN O
Chief Operating Officer
Transactions
- Sale
Common Stock
2003-12-30$11.01/sh−1,500$16,515→ 30,570 total - Sale
Common Stock
2003-12-30$11.00/sh−13,500$148,500→ 32,070 total - Exercise/Conversion
Nonqualified Stock Option
2003-12-30$3.00/sh−15,000$45,000→ 0 totalExercise: $3.00From: 2002-03-02Exp: 2010-03-01→ Common Stock (15,000 underlying) - Discretionary Transaction
401(k) Employer Stock Fund Units
2003-12-29$19.31/sh−1,449.4$27,988→ 0 total(indirect: By 401(k)) - Exercise/Conversion
Common Stock
2003-12-30$3.00/sh+15,000$45,000→ 45,570 total
Footnotes (3)
- [F1]The reporting person had previously acquired a total of approximately 1,449.4 Units of the Employer Stock Fund portion of the Company's 401(k) plan. Each Unit represents a combination of Common Stock and cash; the number of shares of Common Stock to which their Units relate at any given time is not provided to plan participants. These acquisitions were exempt from both reporting and short-swing profits under Rules 16b-3(c) and 16a-3(f)(1)(i)(B). The Units were not previously reflected in the reporting person's total beneficial holding of Common Stock on prior Section 16 forms. An intra-plan transfer under the Company's 401(k) plan was effected on 12/29/2003 which resulted in the disposition of the Units as set forth above.
- [F2]401(k) Employer Stock Fund Units
- [F3]per unit