BRIGHAM DAVID T 4
4 · BRIGHAM EXPLORATION CO · Filed Nov 10, 2010
Insider Transaction Report
Form 4
BRIGHAM DAVID T
DirectorExecutive V.P. Land & Admin.
Transactions
- Exercise/Conversion
Common Stock, par value $.01
2010-11-08$6.14/sh+48,000$294,960→ 96,536 total - Exercise/Conversion
Common Stock, par value $.01
2010-11-08$5.08/sh+16,000$81,280→ 112,536 total - Exercise/Conversion
Incentive Stock Options (right to buy)
2010-11-08−16,000→ 24,000 totalExercise: $5.08From: 2009-10-10Exp: 2015-10-10→ Common Stock, par value $.01 per share (16,000 underlying) - Sale
Common Stock, par value $.01
2010-11-08$23.36/sh−64,000$1,495,206→ 48,536 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2010-11-08−48,000→ 12,000 totalExercise: $6.14From: 2007-09-14Exp: 2013-09-14→ Common Stock, par value $.01 per share (48,000 underlying)
Holdings
- 88,400(indirect: As Custodian)
Common Stock, par value $.01
Footnotes (6)
- [F1]Exercise of employee stock options to purchase company stock pursuant to reporting person's existing 10b5-1 Trading Plan.
- [F2]Sale of common stock acquired as a result of the exercise of employee stock options pursuant to the reporting person's existing 10b5-1 Trading Plan.
- [F3]$23.3626 was the weighted average price for the reported transaction. The prices ranged from a low of $23.075 per share to a high of $23.54 per share. Upon request, the reporting person will provide to the SEC staff, the issuer or any security holder of the issuer full information regarding the number of shares sold at each specific price.
- [F4]The options vest in five equal annual installments beginning 9/14/2007.
- [F5]The options vest in five equal annual installments beginning 10/10/2009.
- [F6]Shares held as custodian under the Texas Uniform Transfers to Minors Act for the children of Ben M. Brigham and Anne L. Brigham.