PATINA OIL & GAS CORP 4
4 · PATINA OIL & GAS CORP · Filed May 18, 2005
Insider Transaction Report
Form 4
Hallinan Marianne N
VP Human Resources
Transactions
- Disposition to Issuer
Incentive Stock Option (right to buy)
2005-05-16−2,594→ 0 totalExercise: $38.55From: 2006-02-22Exp: 2010-02-22→ Common Stock (2,594 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-05-16−13,744→ 0 totalExercise: $26.65From: 2005-05-17Exp: 2009-05-17→ Common Stock (13,744 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2005-05-16−11,256→ 0 totalExercise: $26.65From: 2005-05-17Exp: 2009-05-17→ Common Stock (11,256 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-05-16−22,306→ 0 totalExercise: $38.55From: 2006-02-22Exp: 2010-02-22→ Common Stock (22,306 underlying)
Footnotes (1)
- [F1]Pursuant to the terms of the Merger Agreement, at the effective time of the merger contemplated therein, each Patina stock option that is outstanding and unexercised immediately prior to the effective time of the merger was converted automatically into a fully vested option to purchase Noble Energy common stock. The number of shares of Noble Energy common stock subject to the Noble Energy stock option is equal to the product of the number of shares of Patina common stock subject to the Patina stock option and the exchange ratio determined pursuant to the Merger Agreement of 0.6014, rounded down to the nearest whole share. The exercise per share of Noble Energy common stock subject to the new Noble Energy stock option is equal to the exercise price per share of Patina common stock under the Patina stock option divided by the exchange ratio, rounded up to the nearest whole cent.