5//SEC Filing
MERIDIAN RESOURCE CORP 5
Accession 0001209191-05-008418
CIK 0000869369operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 9:21 AM ET
Size
8.9 KB
Accession
0001209191-05-008418
Insider Transaction Report
Form 5
REEVES JOSEPH A JR
Director
Transactions
- Award
Deferred Compensation Right to Receive Restricted Stock
2004-12-31+126,506→ 1,560,364 total→ Common Stock - Discretionary Transaction
Common Stock
2004-12-31+2,210→ 68,851 total(indirect: By 401(k))
Footnotes (2)
- [F1]Acquisition under Company 401(k) plan at varying prices throughout the year.
- [F2]In July 1996, the Company through the Compensation Committee of the Board of Directors granted to Mr. Reeves rights to receive shares of the Company's Common Stock in the future in lieu of cash compensation pursuant to the Company's Long-Term Incentive Plan. Under such grants, Mr. Reeves elected to defer $315,810.00 of his compensation for 2003. The Company also granted to Mr. Reeves a 100% matching deferral, which is subject to a one-year vesting. Under the terms of the grants, the employee and matching deferrals are allocated to a Common Stock account in which units are credited to the account of Mr. Reeves based on the number of shares that could be purchased at the market price of the Common Stock at December 31, 2002 for the deferrals during the first half of 2003 and the market price at June 30, 2003 for deferrals during the second half of 2003. No actual shares of Common Stock are issued and the officer has no rights with respect to any shares unless there is a distribution. Distributions are to be made upon the death, retirement or termination of employment of the officer. The amounts reported on this Form 5 represent the rights allcoated to Mr. Reeve's account for deferrals of 2003 salary and the Company's related match of such amounts.
Documents
Issuer
MERIDIAN RESOURCE CORP
CIK 0000869369
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0000869369
Filing Metadata
- Form type
- 5
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 9:21 AM ET
- Size
- 8.9 KB