DOUBLE EAGLE PETROLEUM CO 4
4 · DOUBLE EAGLE PETROLEUM CO · Filed Jan 15, 2014
Insider Transaction Report
Form 4
Huffman Clark
VP Operations
Transactions
- Award
$.10 Par Value Common Stock
2014-01-01+40,616→ 74,280 total
Holdings
- 4,860
Options: Right to Buy
Exercise: $5.10Exp: 2018-01-03→ Common Stock (4,860 underlying) - 10,000
Options: Right to Buy
Exercise: $4.80Exp: 2017-06-14→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]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.
- [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.