UNION DRILLING INC 4
4 · UNION DRILLING INC · Filed Dec 13, 2006
Insider Transaction Report
Form 4
Steigerwald Dan E
Other
Transactions
- Sale
Common Stock
2006-12-12$14.56/sh−3,700$53,872→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-11+9,121→ 0 totalExercise: $3.80Exp: 2010-07-15→ Common Stock (9,121 underlying) - Exercise/Conversion
Common Stock
2006-12-12$3.80/sh+3,700$14,060→ 3,700 total - Exercise/Conversion
Common Stock
2006-12-11$3.80/sh+9,121$34,660→ 9,121 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-11+12,579→ 13,746 totalExercise: $3.80Exp: 2013-05-31→ Common Stock (12,579 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2006-12-12+3,700→ 10,046 totalExercise: $3.80Exp: 2013-05-31→ Common Stock (3,700 underlying) - Sale
Common Stock
2006-12-11$14.56/sh−21,700$315,952→ 0 total - Exercise/Conversion
Common Stock
2006-12-11$3.80/sh+12,579$47,800→ 21,700 total
Footnotes (3)
- [F1]The sales reported in this Form were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2006.
- [F2]The option was granted on July 16, 2000, subject to vesting in four equal annual installments, on each of 07/16/01, 07/16/02, 07/16/03 and 07/16/04; option was fully exercisable as of 07/16/04
- [F3]The option was granted on June 1, 2003, subject to vesting in four equal annual installments, on each of 06/01/04, 06/01/05, 06/01/06 and 06/01/07; option was exercisable for 19,743 option shares as of 06/01/06 and the remaining 6,582 option shares will vest on 06/01/07.