4//SEC Filing
DOUBLE EAGLE PETROLEUM CO 4
Accession 0001209191-14-001165
CIK 0000029834operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:25 PM ET
Size
11.0 KB
Accession
0001209191-14-001165
Insider Transaction Report
Form 4
Dole Richard
DirectorPres., CEO, Chairman of Board
Transactions
- Tax Payment
$.10 Par Value Common Stock
2013-12-31$2.30/sh−19,321$44,438→ 285,672 total - Disposition to Issuer
$.10 Par Value Common Stock
2013-12-31−141,287→ 144,385 total - Award
$.10 Par Value Common Stock
2014-01-01+141,287→ 285,672 total
Holdings
- 1,090
$.10 Par Value Series A. Cumulative Preferred Stock
- 108,882
Options: Right to buy
Exercise: $14.81Exp: 2015-09-04→ Common Stock (108,882 underlying)
Footnotes (4)
- [F1]Under the Issuer's 2010 Long Term Incentive Plan, adopted in 2011, two-thirds of the shares granted were performance-based. The performance metrics under the plan were not met as of December 31, 2013, and the shares were forfeited.
- [F2]The issuer's board of directors issued the Reporting Person a restricted stock award agreement dated January 1, 2014. The shares issued under the award agreement will vest upon a change of control that is consummated and becomes effective on or before December 31, 2014. The shares issued under the award agreement will be subject to additional forfeiture restrictions, including the requirement that the Reporting Person's employment has not terminated prior to the date of a change in control. If a change in control is not consummated and does not become effective on or before December 31, 2014 or the employment of the Reporting Person terminates, all of the shares issued under the award agreement will be forfeited to the Issuer and the award agreements will terminate at the close of business on December 31, 2014.
- [F3]Previously reported.
- [F4]20% of these options become exercisable on each of December 31, 2008, 2009, 2010, 2011 and 2012.
Documents
Issuer
DOUBLE EAGLE PETROLEUM CO
CIK 0000029834
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000029834
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:25 PM ET
- Size
- 11.0 KB