BOND JAMES T 5
5 · MERIDIAN RESOURCE CORP · Filed Feb 9, 2004
Insider Transaction Report
Form 5
BOND JAMES T
Director
Transactions
- Other
Option
2003-07-15$4.51/sh+15,000$67,650→ 15,000 totalExercise: $4.51From: 2004-07-15Exp: 2008-07-15→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]Grant to reporting person of option to buy 15,000 shares of common stock under the The Meridian Resource Corporation Director's Stock Option Plan in transaction exempt frm old rule 16b-3. 25% of the shares of common stock covered by any such director's option vest one year after the date of grant, an additional 25% of such shares of common stock vest after two years and all the remaining shares of common stock vest three years after grant.