Terry Phillip Wayne 4
4 · ARENA RESOURCES INC · Filed Jul 19, 2010
Insider Transaction Report
Form 4
Terry Phillip Wayne
President
Transactions
- Disposition to Issuer
Common Stock
2010-07-16−140,000→ 0 total - Disposition to Issuer
Stock Option
2010-07-16−160,000→ 0 totalExercise: $19.23Exp: 2013-07-22→ Common Stock (160,000 underlying) - Disposition to Issuer
Stock Option
2010-07-16−150,000→ 0 totalExercise: $37.59Exp: 2013-06-01→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation in exchange for 668,794 shares of SandRidge common stock and other merger consideration, with an imputed value of $35.93 per share.
- [F2]This "out of the money" option was cancelled pursuant to the merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation.
- [F3]This option was vested and deemed exercised in exchange for 406,766 shares of SandRidge Energy, Inc. common stock pursuant to merger agreement among the issuer, SandRidge and Steel Subsidiary Corporation.