Linn Energy, LLC 4
4 · Linn Energy, LLC · Filed Apr 17, 2006
Insider Transaction Report
Form 4
Linn Energy, LLCLINE
Lopus Thomas A
SVP - Operations
Transactions
- Award
Units representing limited liability company interests
2006-04-13+20,000→ 20,000 total - Award
Unit Option (right to buy)
2006-04-13+50,000→ 50,000 totalExercise: $19.74Exp: 2016-04-13→ Units representing limited liability company interests (50,000 underlying) - Award
Unit Option (right to buy)
2006-04-13+25,000→ 25,000 totalExercise: $19.74Exp: 2016-04-13→ Units representing limited liability company interests (25,000 underlying)
Footnotes (3)
- [F1]All or part of the units are subject to forfeiture if the Reporting Person does not satisfy specified service requirements and certain designated performance goals are not attained on or before December 31, 2009.
- [F2]The option vests and becomes exercisable in three equal annual installments beginning on April 7, 2007, subject to accelerated vesting in certain circumstances.
- [F3]All or part of the option is subject to forfeiture if the Reporting Person does not satisfy specified service requirements and certain designated performance goals are not attained on or before December 31, 2009.