O BRIEN PATRICK D 4
4 · HESS BAKKEN INVESTMENTS I Corp · Filed Dec 27, 2010
Insider Transaction Report
Form 4
O BRIEN PATRICK D
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock, $.001 Par Value
2010-12-17−2,823,688→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-17−250,000→ 0 totalExercise: $1.25From: 2005-07-15Exp: 2014-01-14→ Common Stock (250,000 underlying) - Exercise/Conversion
Common Stock, $.001 Par Value
2010-12-17$1.25/sh+250,000$312,500→ 2,873,859 total - Tax Payment
Common Stock, $.001 Par Value
2010-12-17$10.16/sh−50,171$509,737→ 2,823,688 total
Footnotes (1)
- [F1]Disposed of pursuant to the closing of the merger between the Issuer and Hess Investment Corp., a wholly owned subsidiary of Hess Corporation ("Hess"), in exchange for the right to receive shares of Hess common stock (0.1373 shares of Hess common stock for each share of Issuer common stock) upon completion of the merger.