Reiner Robert F 4
4 · DOUBLE EAGLE PETROLEUM CO · Filed Mar 12, 2009
Insider Transaction Report
Form 4
Reiner Robert F
VP of Operations
Transactions
- Award
Common Stock
2009-03-10$3.48/sh+1,437$5,001→ 17,999 total
Holdings
- 10,000
Options: Right to Buy
Exercise: $18.52Exp: 2010-12-24→ Common Stock (23,500 underlying) - 10,000
Options: Right to Buy
Exercise: $14.36Exp: 2013-07-15→ Common Stock (10,000 underlying) - 37,469
Options: Right to Buy
Exercise: $14.81Exp: 2013-07-15→ Common Stock (37,469 underlying)
Footnotes (4)
- [F1]The restricted shares, granted by the Board of Directors to Mr. Reiner based upon the closing stock price of the Company's common stock as of March 10, 2009, were issued under the Company's 2007 Incentive Stock Plan in connection with the Company's bonus plan for service performed in 2008.
- [F2]The option vests in five annual installments beginning with 3,500 shares vesting 7/14/2006, and 5,000 shares vesting annually on June 14th of each of the following four years beginning 7/14/07.
- [F3]This option vests in five equal anual installments of 2,000 shares beginning on January 15, 2009.
- [F4]20% of these options become exercisable on each of December 31, 2008, 2009, 2010, 2011 and 2012. Each option will expire and terminate, if not exercised or terminated sooner, on September 4, 2015.