DUNE ENERGY INC 4
4 · DUNE ENERGY INC · Filed May 16, 2005
Insider Transaction Report
Form 4
GAINES ALAN
DirectorChairman
Transactions
- Other
Options to Purchase Common Stock
2005-05-12+625,000→ 625,000 totalExercise: $2.44From: 2005-05-12Exp: 2010-05-11→ Common Stock (625,000 underlying)
Holdings
- 2,690,501
Common Stock
Footnotes (3)
- [F1]Does not reflect the grant of options reported in Table II. Excludes 300,000 shares held by Mr. Gaines' children.
- [F2]Mr. Gaines received these options in consideration for services rendered by him to the Company.
- [F3]The Option is immediately exercisable with respect to 250,000 shares. An additional 250,000 shares are exercisable on the first anniversary date of the grant and 125,000 are exercisable on second anniversary.