Ching Paul David 4
4 · MERIDIAN RESOURCE CORP · Filed Jun 9, 2010
Insider Transaction Report
Form 4
Ching Paul David
DirectorPresident and CEO
Transactions
- Disposition from Tender
Common Stock
2010-05-13$0.33/sh−15,873$5,238→ 0 total - Disposition from Tender
Common Stock (right to buy)
2010-05-13−15,000→ 0 totalExercise: $2.83Exp: 2013-08-06→ Common Stock (15,000 underlying) - Disposition from Tender
Common Stock (right to buy)
2010-05-13−15,000→ 0 totalExercise: $1.79Exp: 2013-01-02→ Common Stock (15,000 underlying) - Disposition from Tender
Common Stock (right to buy)
2010-05-13−250,000→ 0 totalExercise: $0.56Exp: 2019-01-02→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Converted into the right to receive $0.33 in cash, without interest and less any applicable withholding tax, pursuant to Agreement and Plan of Merger ("merger agreement"), dated as of December 22, 2009, by and among the issuer, Alta Mesa holdings, LP and Alta Mesa Acquisition Sub, LLC.
- [F2]This option was cancelled pursuant to the merger agreement. The reporting person did not receive any consideration for the cancellation of this option since the per share exercise price exceeded the merger consideration of $0.33 per share, except for $10 consideration in exchange for the execution of an option waiver, cancellation and release agreement.