Home/Filings/4/0001209191-12-008288
4//SEC Filing

Complete Production Services, Inc. 4

Accession 0001209191-12-008288

CIK 0001340041operating

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 6:38 PM ET

Size

17.0 KB

Accession

0001209191-12-008288

Insider Transaction Report

Form 4
Period: 2012-02-07
NIBLING KENNETH L
VP HR and Admin.
Transactions
  • Disposition to Issuer

    Common Stock

    2012-02-0752,9050 total
  • Disposition to Issuer

    Common Stock

    2012-02-071,0000 total(indirect: By son of Kenneth L. Nibling)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-02-0717,7330 total
    Exercise: $6.41Exp: 2019-01-30Common Stock (17,733 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-02-0718,7330 total
    Exercise: $12.53Exp: 2020-01-29Common Stock (18,733 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-02-0711,7000 total
    Exercise: $27.94Exp: 2021-01-31Common Stock (11,700 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-02-0110,6000 total
    Exercise: $33.70Exp: 2022-01-31Common Stock (10,600 underlying)
Footnotes (5)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Superior Energy Services, Inc. ("Superior") and an indirect wholly owned subsidiary of Superior in exchange for shares of Superior common stock. With the exception of 9,200 shares of Issuer restricted stock granted to the Reporting Person on January 31, 2012, each share of Issuer common stock held by the Reporting Person as of the date of the merger was converted into 0.945 shares of Superior common stock, plus $7.00 in cash, without interest, plus cash in lieu of any fractional shares of Superior common stock.
  • [F2]Includes 9,200 shares of Issuer restricted stock disposed of in exchange for 11,040 shares of Superior restricted stock, representing a stock award exchange ratio of 1.199916. The shares vest in three equal annual installments commencing on January 31, 2013, subject to continued service with Superior.
  • [F3]Disposed of pursuant to the Merger Agreement in exchange for a number of options to purchase shares of Superior common stock equal to the number of Issuer options reflected in this line item, multiplied by the stock option exchange ratio of 1.199916, rounded down to the nearest share. The exercise price of the Superior options will be equal to the exercise price of the corresponding Issuer options, divided by 1.199916, rounded up to the nearest whole cent.
  • [F4]All unvested options to purchase shares of Issuer common stock became fully vested and exercisable upon the merger.
  • [F5]The options vest in three equal annual installments commencing January 31, 2013, subject to continued service with Superior.

Issuer

Complete Production Services, Inc.

CIK 0001340041

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001340041

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 6:38 PM ET
Size
17.0 KB