4//SEC Filing
BILL BARRETT CORP 4
Accession 0001209191-04-058491
CIK 0001172139operating
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:25 PM ET
Size
18.9 KB
Accession
0001209191-04-058491
Insider Transaction Report
Form 4
Bazile Dominic J II
Senior Vice President
Transactions
- Other
Options: Right to buy
2004-12-15+49,701→ 49,701 totalExercise: $25.00Exp: 2011-12-15→ Common Stock (49,701 underlying) - Exercise/Conversion
Common Stock
2004-12-15+15,831→ 129,194 total - Exercise/Conversion
Series B Preferred Stock
2004-12-15$5.00/sh−5,000$25,000→ 0 total→ Common Stock - Other
Options: Right to buy
2004-12-15−53,673→ 0 totalExercise: $30.28Exp: 2012-09-10→ Common Stock (53,673 underlying) - Exercise/Conversion
Common Stock
2004-12-15+2,232→ 131,426 total - Exercise/Conversion
Series A Preferred Stock
2004-12-15$4.17/sh−40,274$167,943→ 0 total→ Common Stock - Award
Options: Right to buy
2004-12-15+25,000→ 25,000 totalExercise: $25.00Exp: 2011-12-15→ Common Stock (25,000 underlying)
Footnotes (6)
- [F1]Upon the closing of the Issuer's initial public offering on December 15, 2004, the outstanding shares of Series A Preferred Stock converted automatically to common stock. Holders of Series A Preferred Stock received (a) shares of common stock equal to the stated purchase price of $4.17 per share of Series A Preferred Stock, with the number of shares of common stock based on the public offering price net of underwriting compensation, plus (b) the number of shares of common stock equal to the conversion ratio in effect at that time.
- [F2]108,032 of these shares are subject to vesting requirements based on the Reporting Person's remaining an employee of the Issuer. 20% of these shares vested on each of January 31, 2002, 2003 and 2004 and an additional 20% of the shares vest on each of January 31, 2005 and 2006.
- [F3]Upon the closing of the Issuer's initial public offering on December 15, 2004, the outstanding shares of Series B Preferred Stock converted automatically to common stock. Holders of Series B Preferred Stock received (a) shares of common stock equal to the stated purchase price of $5.00 per share of Series B Preferred Stock plus all unpaid dividends (which accrue at the rate of 7% per annum), with the number of shares of common stock based on the public offering price net of underwriting compensation, plus (b) the number of shares of common stock equal to the conversion ratio in effect at that time.
- [F4]These options, which are referred to as "Tranche A Options", were modified upon the completion of the Issuer's initial public offering on December 15, 2004 to provide that each option to purchase one share of common stock for $30.28 per share became an option to purchase 0.926 shares of common stock at the initial public offering price of $25.00. This ratio was determined by comparing the relative estimated value of all outstanding Tranche A Options based on the original exercise price and weighted average remaining terms to the estimated value based on the initial public offering price using the Black-Scholes option pricing model.
- [F5]20% of these options became exercisable on each of September 10, 2002, 2003 and 2004 and an additional 20% become exercisable on each of September 10, 2005 and 2006.
- [F6]These options are exercisable 25% on each of December 15, 2005, 2006, 2007 and 2008.
Documents
Issuer
BILL BARRETT CORP
CIK 0001172139
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001172139
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:25 PM ET
- Size
- 18.9 KB