CASCADE NATURAL GAS CORP 4
4 · CASCADE NATURAL GAS CORP · Filed Jul 6, 2007
Insider Transaction Report
Form 4
ROSOK LARRY C
VP Human Resources & Corp Sec
Transactions
- Exercise/Conversion
Common Stock
2007-07-02$20.84/sh+4,000$83,360→ 11,698.339 total - Disposition from Tender
Common Stock
2007-07-02$26.50/sh−11,698.339$310,006→ 0 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-07-02−4,000→ 0 totalExercise: $20.84From: 2003-03-29Exp: 2012-03-29→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]Exercise of 4000 shares of Common Stock granted under the CNGC 1998 Stock Incentive Plan.
- [F2]Options were exercised as provided in the Agreement and Plan of Merger by and among the Company, Firemoon Acquisitions, Inc. and MDU Resources Group, Inc. (the "Merger Agreement"). Option holders received cash in an amount equal to the difference between the merger consideration and the exercise price, as provided in the Merger Agreement.
- [F3]Reporting person disposed of 11698.3390 shares of Common Stock pursuant to an Agreement and Plan of Merger by and among MDU Resources Group, Inc., Firemoon Acquisition, Inc., and Cascade Natural Gas Corporation, dated as of July 8, 2006.