POLING HAROLD A 4
4 · HYPERDYNAMICS CORP · Filed Jan 24, 2005
Insider Transaction Report
Form 4
POLING HAROLD A
Director
Transactions
- Other
Common stock, par value $.001
2005-01-21$325000.00/sh+130,890$42,539,250,000→ 330,890 total(indirect: By LLC) - Award
Common Stock, par value $.001
2005-01-21$3.17/sh+2,524$8,001→ 333,414 total
Footnotes (3)
- [F1]Stock issued to retire $325,000 debt attributable to ownership of 2.5 shares of mandatorily redeemable preferred stock in Hyperdynamics' subsidiary, SCS Corporation, the original terms of which are detailed in Note 10 to Hyperdynamics financial statements included in its Form 10KSB for the year ended June 30, 2004.
- [F2]The stock was issued to a company controlled by Mr. Poling.
- [F3]Compensation for Board of Director Service.