HOUSTON EXPLORATION CO 4
4 · HOUSTON EXPLORATION CO · Filed May 30, 2007
Insider Transaction Report
Form 4
Ray Robert T
Sr. VP & C.F.O.
Transactions
- Tax Payment
common stock ($0.01 par value)
2007-05-25$59.62/sh−3,836$228,702→ 10,664 total
Footnotes (1)
- [F1]Restricted shares were granted pursuant to the Company?s Amended and Restated 2004 Long-Term Incentive Plan, and are restricted from sale or transfer until fully vested. To facilitate the cash/stock election mechanics in connection with the proposed merger with Forest Oil Corporation, the board of directors of the Company authorized the accelerated vesting of all outstanding shares of restricted stock and restricted stock units effective May 25, 2007.