DORE WILLIAM J 4
4 · GLOBAL INDUSTRIES LTD · Filed May 14, 2010
Insider Transaction Report
Form 4
DORE WILLIAM J
Director10% Owner
Transactions
- Sale
Common Stock
2010-05-12$5.52/sh−281,673$1,554,835→ 12,157,002 total
Footnotes (2)
- [F1]The Reporting Person purchased 281,673 shares on May 10, 2010, which purchase settled May 13, 2010. The Form 4 relating to those shares reflects purchase prices ranging from $5.49 to $5.50 per share, which in accordance with Form 4 practice, exclude commissions of $0.03 per share. The lowest total purchase price of the shares, including commissions, was therefore $5.52 per share, which is the same as the sales price of the 281,673 shares reported as sold in this Form 4. Such sale was a private sale to a member of the Reporting Person's family, and there were no commissions associated with that sale.
- [F2]Includes 1,000,000 shares previously held indirectly by the Reporting Person through a grantor retained annuity trust.