Quintana Maritime LTD 4
4 · Quintana Maritime LTD · Filed Feb 6, 2007
Insider Transaction Report
Form 4
FR X Offshore GP LTD
10% Owner
Transactions
- Exercise of In-Money
Warrants
2007-02-01−640,000→ 0 total(indirect: See FN)Exercise: $8.00From: 2006-08-11Exp: 2009-05-11→ Common Stock (640,000 underlying) - Exercise of In-Money
Common Stock
2007-02-01$8.00/sh+640,000$5,120,000→ 5,737,895 total(indirect: See FN)
Footnotes (4)
- [F1]Consists of 5,712,395 shares of common stock owned by FR X Offshore, L.P., and 25,500 shares of restricted common stock issued to Joseph R. Edwards, a director of the Issuer and an Officer of FR X Offshore GP Limited.
- [F2]This Form 4 is filed on behalf of FR X Offshore GP Limited ("Offshore Ltd"), FR X Offshore GP, L.P. ("Offshore GP"), and FR X Offshore, L.P. ("Offshore LP" and collectively with Offshore Ltd and Offshore GP, the "Fund Entities"). Offshore GP is the general partner of Offshore LP and may be deemed to share beneficial ownership of the securities owned by Offshore LP. Offshore Ltd., as the general partner of Offshore GP, may also be deemed to share beneficial ownership of the securities owned by Offshore LP.
- [F3]The Fund Entities are entitled to a portion of the profits from the sale of securities held by Mr. Edwards, and therefore the Fund Entities may be deemed to share beneficial ownership of the securities held by Mr. Edwards.
- [F4]Each of the Fund Entities disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.