MORGAN WILLIAM B 4
4 · UNIT CORP · Filed Jan 28, 2011
Insider Transaction Report
Form 4
UNIT CORPUNT
MORGAN WILLIAM B
Director
Transactions
- Exercise/Conversion
Common Stock
2011-01-26$20.10/sh+3,500$70,350→ 11,000 total - Sale
Common Stock
2011-01-27$50.44/sh−3,500$176,540→ 7,500 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-01-26−3,500→ 0 totalExercise: $20.10From: 2002-11-02Exp: 2012-05-02→ Common Stock (3,500 underlying)
Footnotes (2)
- [F1]Reflects the exercise of an option to purchase 3,500 shares of common stock at an exercise price of $20.10. The option was granted on May 2, 2002, as compensation for services as a director of the company, and was scheduled to expire on May 2, 2012.
- [F2]This transaction was executed in multiple trades at prices ranging from $50.39 to $50.46. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.