HOUSTON EXPLORATION CO 4
4 · HOUSTON EXPLORATION CO · Filed Mar 1, 2005
Insider Transaction Report
Form 4
WESTMORELAND JAMES F
VP and Chief Accounting Office
Transactions
- Exercise of In-Money
employee stock option (right to buy)
2005-02-25$18.63/sh−3,200$59,600→ 71,819 totalExercise: $18.63From: 2000-10-26Exp: 2009-10-26→ common stock (3,200 underlying) - Sale
common stock, $0.01 par value
2005-02-25$59.40/sh−32,416$1,925,520→ 7,594 total - Exercise of In-Money
employee stock option (right to buy)
2005-02-25$26.88/sh−17,296$464,830→ 54,523 totalExercise: $36.88From: 2002-01-25Exp: 2011-01-25→ common stock (17,296 underlying) - Exercise of In-Money
employee stock option (right to buy)
2005-02-25$25.48/sh−5,200$132,496→ 49,323 totalExercise: $25.48From: 2002-09-20Exp: 2011-09-20→ common stock (5,200 underlying) - Exercise of In-Money
employee stock option (right to buy)
2005-02-25$25.62/sh−2,720$69,686→ 42,603 totalExercise: $35.62From: 2004-10-21Exp: 2013-10-21→ common stock (2,720 underlying) - Exercise of In-Money
employee stock option (right to buy)
2005-02-25$30.10/sh−4,000$120,400→ 45,323 totalExercise: $30.10From: 2003-10-16Exp: 2012-10-16→ common stock (4,000 underlying)
Footnotes (1)
- [F1]Employee stock options vest in five equal annual installments beginning on the first anniversary of the grant date and expire 10 years from the grant.