4//SEC Filing
CROWLEY DAVID 4
Accession 0001209191-08-067605
CIK 0000320186other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 8:13 PM ET
Size
9.0 KB
Accession
0001209191-08-067605
Insider Transaction Report
Form 4
CROWLEY DAVID
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2008-12-23−229,033→ 0 total - Tax Payment
Common Stock
2008-12-23$6.36/sh−94,336$599,977→ 229,033 total - Disposition to Issuer
Stock options (right to buy)
2008-12-23−122,400→ 0 totalExercise: $6.43→ Common Stock (122,400 underlying)
Footnotes (2)
- [F1]Pursuant to the merger agreement, as amended, by and among Grey Wolf, Inc., Precision Drilling Trust, Precision Drilling Trust, Precision Drilling Corporation and Precision Lobos Corporation (the "Merger Agreement"), each share of Grey Wolf common stock was converted into the right to receive either (a) $9.02 in cash or (b) 0.4225 of a Precision trust unit, subject to proration to preserve the mandatory aggregate cash consideration amount of approximately $1.12 billion, after taking into account all of the elections made by all of the Grey Wolf stockholders.
- [F2]This option was converted into Precision unit appreciation rights.
Documents
Issuer
GREY WOLF INC
CIK 0000320186
Entity typeother
Related Parties
1- filerCIK 0001246501
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 8:13 PM ET
- Size
- 9.0 KB