Mize Gary 4
4 · TRANSATLANTIC PETROLEUM LTD. · Filed Jan 19, 2011
Insider Transaction Report
Form 4
Mize Gary
President and COO
Transactions
- Exercise/Conversion
Common Shares
2011-01-15+25,000→ 189,000 total - Exercise/Conversion
Restricted Stock Units
2011-01-15−25,000→ 50,000 total→ Common Shares (25,000 underlying) - Tax Payment
Common Shares
2011-01-15$3.35/sh−7,663$25,671→ 181,337 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TransAtlantic Petroleum Ltd. common stock.
- [F2]The restricted stock units vest in three equal annual installments. The first annual installment of 25,000 restricted stock units vested on January 15, 2011, the second annual installment of 25,000 restricted stock units will vest on January 15, 2012, and the third annual installment of 25,000 restricted stock units will vest on January 15, 2013.
- [F3]Represents restricted stock units withheld for the payment of withholding taxes.