GMX RESOURCES INC 4
4 · GMX RESOURCES INC · Filed Jun 2, 2008
Insider Transaction Report
Form 4
JACKSON GARY D
Vice President of Land
Transactions
- Sale
Common Stock
2008-05-20$43.30/sh−4,000$173,204→ 0 total - Exercise/Conversion
Common Stock
2008-05-20$20.01/sh+4,000$80,040→ 4,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2008-05-20−4,000→ 21,000 totalExercise: $20.01Exp: 2015-09-14→ Common Stock (4,000 underlying)
Footnotes (1)
- [F1]The options exercised vested on September 15, 2006. Of the remaining options, 2,250 vested on September 15, 2005; 6,250 vested on September 15, 2007 and 6,250 will become fully vested on September 15, 2008 and 6,250 on September 15, 2009.