4//SEC Filing
CRESCENT OPERATING INC 4
Accession 0001180154-05-000035
CIK 0001035426operating
Filed
Mar 28, 7:00 PM ET
Accepted
Mar 29, 3:12 PM ET
Size
16.8 KB
Accession
0001180154-05-000035
Insider Transaction Report
Form 4
CRESCENT OPERATING INCCOPIQ.PK
STEVENS JEFFREY L
DirectorCEO
Transactions
- Other
Stock Option (Right to Buy)
2005-01-18−1,400→ 0 totalExercise: $0.99Exp: 2007-06-11→ Common Stock (1,400 underlying) - Other
Stock Option (Right to Buy)
2005-01-18−100,000→ 0 totalExercise: $2.50Exp: 2009-12-15→ Common Stock (100,000 underlying) - Other
Common Stock
2005-01-18−5,000→ 0 total - Other
Stock Option (Right to Buy)
2005-01-18−50,000→ 0 totalExercise: $20.50Exp: 2008-02-15→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Pursuant to Plan of Reorganization of Crescent Operating, Inc. confirmed by US Bankruptcy Court, Issuer on January 18, 2005, filed in Delaware an amendment to its Certificate of Incorporation automatically cancelling each outstanding share of Common Stock and converting the same into a "right to receive that number of common shares of beneficial interest [of Crescent Real Estate Equities Company (CEI) as provided] in the manner and upon the terms set forth in the Plan of Reorganization," pursuant to which Reporting Person thereafter received 85 common shares of CEI, valued at $17.39 per share, or $1478.15 in total, as of the Transaction Date.
- [F2]Pursuant to Plan of Reorganization of Crescent Operating, Inc. confirmed by US Bankruptcy Court, all stock options of Issuer were cancelled effective January 18, 2005.
- [F3]Vested and became exercisable incrementally at various dates; fully vested and exercisable prior to Transaction Date.
Documents
Issuer
CRESCENT OPERATING INC
CIK 0001035426
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001035426
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 7:00 PM ET
- Accepted
- Mar 29, 3:12 PM ET
- Size
- 16.8 KB