PARMELEE NANCY D 4
4 · MCMORAN EXPLORATION CO /DE/ · Filed Jan 28, 2013
Insider Transaction Report
Form 4
PARMELEE NANCY D
SVP, CFO & Secretary
Transactions
- Exercise/Conversion
Common Stock
2013-01-24$7.51/sh+17,500$131,513→ 34,461 total - Sale
Common Stock
2013-01-24$15.97/sh−73,549$1,174,548→ 2,162 total - Exercise/Conversion
Option (right to buy)
2013-01-24−17,500→ 0 totalExercise: $7.51From: 2004-02-03Exp: 2013-02-03→ Common Stock (17,500 underlying) - Exercise/Conversion
Common Stock
2013-01-24$6.44/sh+41,250$265,650→ 75,711 total - Exercise/Conversion
Options (right to buy)
2013-01-24−41,250→ 13,750 totalExercise: $6.44From: 2010-02-02Exp: 2019-02-02→ Common Stock (41,250 underlying)
Footnotes (3)
- [F1]25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
- [F2]Amount beneficially owned following the reported transactions includes 1,667 Common Stock Restricted Stock Units.
- [F3]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $15.96 - $16.00. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares purchased at each separate price.