C&J Energy Services, Inc. 4
4 · C&J Energy Services, Inc. · Filed Mar 24, 2015
Insider Transaction Report
Form 4
WOMMACK H H III
Director
Transactions
- Disposition from Tender
Common Stock
2015-03-24−16,268→ 0 total - Disposition from Tender
Stock Option
2015-03-24−3,667→ 0 totalExercise: $11.00From: 2015-03-24Exp: 2021-02-03→ Common Stock (3,667 underlying)
Footnotes (3)
- [F1]Each share was disposed of pursuant to a merger agreement (the "Merger Agreement") among the issuer, C&J Energy Services, Inc. ("C&J"), Nabors Industries Ltd., Nabors Red Lion Limited ("Red Lion"), Nabors CJ Merger Co., and CJ Holding Co., in exchange for 1 Red Lion common share, upon the terms and subject to the conditions set forth in the Merger Agreement
- [F2]These options, granted under the C&J Energy Services, Inc. 2010 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger.
- [F3]Each outstanding C&J stock option award (a "C&J Option") was disposed of pursuant to the Merger Agreement in exchange for an option to purchase, on the same terms and conditions (including with respect to vesting and exercisability), a number of Red Lion common shares equal to the number of shares of C&J common stock subject to such C&J Option immediately prior to the effective time of the merger.