AI assistant
US ENERGY CORP — Director's Dealing 2008
Sep 26, 2008
34687_dirs_2008-09-26_8ae6f33e-cf2b-4b73-bf25-ef3378a866cc.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US ENERGY CORP (USEG)
CIK: 0000101594
Period of Report: 2008-09-26
Reporting Person: LARSEN MARK J (Director, PRESIDENT & COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-09-26 | Stock Options (Right to Buy) | $2.88 | J | 27782 | Disposed | 2008-09-25 | Common Stock (27782) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 137772 | Direct |
| Common Stock | 155811 | Indirect |
| Common Stock | 4600 | Indirect |
| Common Stock | 52272 | Indirect |
| Common Stock | 134281 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $3.90 | 2011-12-06 | Common Stock (100000) | 100000 | Direct |
| Stock Options (Right to Buy) | $2.40 | 2011-01-09 | Common Stock (41248) | 41248 | Direct |
| Stock Options (Right to Buy) | $2.46 | 2014-06-30 | Common Stock (98519) | 98519 | Direct |
| Stock Options (Right to Buy) | $3.86 | 2015-10-13 | Common Stock (100000) | 100000 | Direct |
| Stock Options (Right to Buy) | $2.25 | 2011-12-07 | Common Stock (52556) | 52556 | Direct |
| Stock Options (Right to Buy) | $4.97 | 2017-07-26 | Common Stock (200000) | 200000 | Direct |
Footnotes
F1: Includes shares held directly by the Reporting Person.
F2: Shares held in the ESOP which are not allocated to accounts established for the benefit of specific plan participants. The Reporting Person, as an ESOP Trustee, exercises the voting powers with respect to such unallocated shares.
F3: Shares indirectly held by the Reporting Person as Custodian for minor children under the Wyoming Uniform Transfers to Minors Act. The Reporting Person disclaims beneficial and pecuniary interest in these shares.
F4: Shares held in the U.S. Energy Corp. Employee Stock Ownership Plan (the 'ESOP') in an account established for the benefit of the Reporting Person.
F5: Includes shares held in ESOP accounts established to benefit members of the Reporting Persons 'Immediate Family', as that term is defined in Rule 16a-1(e), in accordance with Rule 16a-8(b)(2).
F6: Options expired 09/25/2008
F7: Includes stock options granted under the Issuer's 1998 Incentive Stock Option Plan and exempt under Rule 16b-3.
F8: Includes stock options granted under the Issuer's 2001 Incentive Stock Option Plan and exempt under Rule 16b-3.
F9: Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule and exempt under Rule 16b-3.