4//SEC Filing
NUEVO ENERGY CO 4
Accession 0001272718-04-000040
CIK 0000861819operating
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 4:28 PM ET
Size
9.2 KB
Accession
0001272718-04-000040
Insider Transaction Report
Form 4
WILKES MICHAEL S
Principal Accounting Officer
Transactions
- Other
NEV Common Stock, $.01 par value
2004-04-01−1,667→ 18,333 total - Award
Phantom Stock Units
2004-04-01+1,667→ 1,667 totalExercise: $0.00→ Common Stock (1,667 underlying)
Holdings
- 566.56(indirect: By 401(k))
NEV Common Stock, $.01 par value
Footnotes (4)
- [F1]Prior to the vesting of shares of Restricted Common Stock granted to Mr. Wilkes under the Issuer's 1993 Stock Incentive Plan, Mr. Wilkes elected to convert the Issuer's restricted stock obligation to a "phantom stock" obligation under the Nuevo Energy Deferred Compensation Plan. Shares of the Issuer's common stock were reserved under the Deferred Compensation Plan to fund the restricted stock obligation to Mr. Wilkes.
- [F2]Exercise is on a 1 for 1 basis.
- [F3]The Phantom Stock Units are accrued under the Nuevo Energy Deferred Compensation Plan. The Phantom Stock Units are settled in the Issuer's common stock upon the retirement or other termination of employment or earlier withdrawal of Phantom Stock Units by the Reporting Person.
- [F4]Phantom Stock Units (other than those received through the Issuer's matching program, which accrue at 100% of the fair market value of the Issuer's common stock on the transaction date) typically accrue under the Deferred Compensation Plan at 85% of the fair market value of the Issuer's common stock on the transaction date (based on the average of the high and low sales price of the Issuer's common stock on the New York Stock Exchange).
Documents
Issuer
NUEVO ENERGY CO
CIK 0000861819
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000861819
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 4:28 PM ET
- Size
- 9.2 KB