4//SEC Filing
REIMERT LARRY E 4
Accession 0001446732-10-000076
CIK 0001042893other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:21 PM ET
Size
25.2 KB
Accession
0001446732-10-000076
Insider Transaction Report
Form 4
REIMERT LARRY E
DirectorCo-Chairman of the Board
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2010-12-10−8,996→ 26,989 totalExercise: $48.77Exp: 2019-10-28→ Common Stock (8,996 underlying) - Exercise/Conversion
Common Stock
2010-12-10$38.97/sh+39,645$1,544,966→ 40,555 total - Exercise/Conversion
Common Stock
2010-12-10$54.13/sh+22,446$1,215,002→ 63,001 total - Exercise/Conversion
Common Stock
2010-12-10$20.98/sh+40,395$847,487→ 103,396 total - Exercise/Conversion
Common Stock
2010-12-10$48.77/sh+8,996$438,735→ 112,392 total - Sale
Common Stock
2010-12-13$82.74/sh−9,918$820,615→ 1,990,082 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2010-12-10−22,446→ 7,482 totalExercise: $54.13Exp: 2017-10-26→ Common Stock (22,446 underlying) - Exercise/Conversion
Stock Option (right to buy)
2010-12-10−40,395→ 40,396 totalExercise: $20.98Exp: 2018-10-28→ Common Stock (40,395 underlying) - Sale
Common Stock
2010-12-10$80.45/sh−111,482$8,968,727→ 910 total - Sale
Common Stock
2010-12-13$83.07/sh−14,915$1,238,989→ 1,975,167 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2010-12-10−39,645→ 0 totalExercise: $38.97Exp: 2016-10-27→ Common Stock (39,645 underlying)
Footnotes (9)
- [F1]The stock options were granted on October 27, 2006 and became exercisable in 25% increments on the first, second, third and fourth anniversaries of the grant date.
- [F2]A total of 29,928 stock options were granted on October 26, 2007 and become exercisable in 25% increments on the first, second, third and fourth anniversaries of the grant date.
- [F3]A total of 80,791 stock options were granted on October 28, 2008 and become exercisable in 25% increments on the first, second, third and fourth anniversaries of the grant date.
- [F4]A total of 35,985 stock options were granted on October 28, 2009 and become exercisable in 25% increments on the first, second, third and fourth anniversaries of the grant date.
- [F5]The shares of Common Stock sold were owned and sold directly by Reimert Family Partners, Ltd., and indirectly by Larry E. Reimert as managing general partner of Reimert Family Partners, Ltd. The remaining shares of Common Stock are owned by Reimert Family Partners, Ltd. Mr. Reimert disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F6]The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.27 to $80.74, inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- [F7]The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.25 to $82.99, inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- [F8]The shares of Common Stock sold were owned and sold directly by Reimert Family Partners, Ltd., and indirectly by Larry E. Reimert as managing general partner of Reimert Family Partners, Ltd. The remaining shares of Common Stock are owned by Reimert Family Partners, Ltd. Mr. Reimert disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F9]The price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $83.00 to $83.26, inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
Documents
Issuer
DRIL-QUIP INC
CIK 0001042893
Entity typeother
Related Parties
1- filerCIK 0001054901
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 4:21 PM ET
- Size
- 25.2 KB