DOUBLE EAGLE PETROLEUM CO 4
4 · DOUBLE EAGLE PETROLEUM CO · Filed Jan 3, 2014
Insider Transaction Report
Form 4
Huffman Clark
VP Operations
Transactions
- Disposition to Issuer
$.10 Par Value Common Stock
2013-12-31−40,595→ 33,664 total - Tax Payment
$.10 Par Value Common Stock
2013-12-31$2.30/sh−5,552$12,770→ 74,259 total
Holdings
- 10,000
Options: Right to Buy
Exercise: $4.80Exp: 2017-06-14→ Common Stock (10,000 underlying) - 4,860
Options: Right to Buy
Exercise: $5.10Exp: 2018-01-03→ Common Stock (4,860 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]Previously reported.
- [F3]20% of these options become exercisable on each of June 14, 2011, 2012, 2013, 2014 and 2015.
- [F4]20% of these options become exercisable on each of January 3, 2011, 2012, 2013, 2014 and 2015.