Ricks David D. 4
4 · ARENA RESOURCES INC · Filed Jul 19, 2010
Insider Transaction Report
Form 4
Ricks David D.
Vice President - Operations
Transactions
- Disposition to Issuer
Common Stock
2010-07-16−25,470→ 0 total - Disposition to Issuer
Stock Option
2010-07-16−50,000→ 0 totalExercise: $45.68Exp: 2013-11-07→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option
2010-07-16−50,000→ 0 totalExercise: $35.54Exp: 2013-05-07→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation in exchange for 121,672 shares of SandRidge common stock and other merger consideration, with an imputed value of $35.93 per share.
- [F2]This option was vested and deemed exercised in exchange for 3,339 shares of SandRidge Energy, Inc. common stock pursuant to merger agreement among the issuer, SandRidge and Steel Subsidiary Corporation.
- [F3]This "out of the money" option was cancelled pursuant to the merger agreement among the issuer, SandRidge Energy, Inc. and Steel Subsidiary Corporation.