BETHEA MORRISON C 4
4 · MCMORAN EXPLORATION CO /DE/ · Filed Feb 5, 2013
Insider Transaction Report
Form 4
BETHEA MORRISON C
Other
Transactions
- Exercise/Conversion
Common Stock
2013-02-01$15.26/sh+2,625$40,058→ 30,000 total - Sale
Common Stock
2013-02-01$16.00/sh−14,000$224,001→ 6,250 total - Sale
Common Stock
2013-02-01$15.99/sh−9,750$155,947→ 20,250 total - Exercise/Conversion
Option (right to buy)
2013-02-01−2,625→ 0 totalExercise: $15.26From: 2006-05-01Exp: 2013-06-01→ Common Stock (2,625 underlying) - Exercise/Conversion
Common Stock
2013-02-01$12.71/sh+875$11,121→ 27,375 total - Exercise/Conversion
Option (right to buy)
2013-02-01−875→ 0 totalExercise: $12.71From: 2004-06-01Exp: 2013-06-01→ Common Stock (875 underlying)
Footnotes (4)
- [F1]25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.
- [F2]1/3 exercisable as of the date indicated, and 1/3 exercisable on June 1, 2006 and on the next anniversary thereof.
- [F3]The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $15.991 - $16.001. 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 sold at each separate price.
- [F4]Amount beneficially owned following the reported transactions includes 6,250 Common Stock Restricted Stock Units.