4//SEC Filing
DONOVAN WILLIAM T 4
Accession 0001209191-08-067613
CIK 0000320186other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 8:32 PM ET
Size
25.0 KB
Accession
0001209191-08-067613
Insider Transaction Report
Form 4
DONOVAN WILLIAM T
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2008-12-23−50,000→ 0 totalExercise: $2.84From: 2001-02-24Exp: 2010-02-24→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2008-12-23$1.50/sh+75,000$112,500→ 343,278 total - Tax Payment
Common Stock
2008-12-23$6.36/sh−106,869$679,687→ 411,409 total - Disposition to Issuer
Common Stock
2008-12-23−411,409→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2008-12-23−75,000→ 0 totalExercise: $1.50From: 2005-03-25Exp: 2014-03-25→ Common Stock (75,000 underlying) - Disposition to Issuer
Common Stock
2008-12-23−2,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2008-12-23−168,660→ 0 total(indirect: Cambridge Associates, L.P.) - Exercise/Conversion
Common Stock
2008-12-23$2.84/sh+50,000$142,000→ 468,278 total - Disposition to Issuer
Common Stock
2008-12-23−22,000→ 0 total(indirect: Family Members)
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]Not applicable.
Documents
Issuer
GREY WOLF INC
CIK 0000320186
Entity typeother
Related Parties
1- filerCIK 0001082700
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 8:32 PM ET
- Size
- 25.0 KB