REEVES JOSEPH A JR 5

5 · MERIDIAN RESOURCE CORP · Filed Feb 11, 2009

Form 5

Period: 2008-12-31

Director

Transactions

Discretionary Transaction
Common Stock
2008-12-31+9,424→ 126,165 total(indirect: By 401(k))
Tax Payment
Common Stock
2008-07-02$3.03/sh−534,968$1,620,953→ 1,276,541 total
Exercise/Conversion
Deferred Compensation Right to Receive Restricted Stock
2008-07-02−1,497,111→ 856,057 total
Exercise: $3.03→ Common Stock (1,497,111 underlying)
Exercise/Conversion
Common Stock
2008-07-02$3.03/sh+1,497,111$4,536,246→ 1,276,541 total
Award
Deferred Compensation Right to Receive Restricted Stock
2008-12-31+176,792→ 856,057 total
→ Common Stock (176,792 underlying)

Footnotes (3)

[F1]Acquisition under Company 401(k) plan at varying prices throughout the year.
[F2]Effective April 29, 2008, the Deferred Compensation Plan (DCP) for Mr.Reeves was terminated. Pursuant to the termination of the DCP, 1,497,111 shares were awarded to Mr. Reeves. These shares reflect the rights to receive shares that Mr. Reeves had accumulated through compensation deferrals in prior years under the DCP.
[F3]In conjunction with the receipt of shares of Common Stock described in Note 2, 534,968 shares of Common Stock were returned to the Company by Mr. Reeves as payment for his share of related withholding taxes.

Documents

1 file