Ching Paul David 5
5 · MERIDIAN RESOURCE CORP · Filed Feb 10, 2009
Insider Transaction Report
Form 5
Ching Paul David
DirectorPresident and CEO
Transactions
- Award
Common Stock
2008-07-22$3.17/sh+15,783$50,032→ 15,783 total - Other
Stock Options
2008-08-06+15,000→ 15,000 totalExercise: $2.83From: 2009-08-06Exp: 2013-08-06→ Common Stock (15,000 underlying) - Other
Stock Options
2008-12-30+250,000→ 250,000 totalExercise: $0.56From: 2009-12-30Exp: 2013-12-30→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]25% exercisable one year from grant date; an additional 25% exercisable two years from date of grant; final 50% for a total of 100% exercisable theree years from date of grant.
- [F2]50% exercisable one year from date of grant; an additional 50% exercisable two years from date of grant.
- [F3]Represent 15,783 shares of restricted stock granted under 2006 Non-Employee Director's Incentive Plan with 100% vesting one year from the date of grant.