AI assistant
US ENERGY CORP — Director's Dealing 2013
Jul 3, 2013
34687_dirs_2013-07-03_8df8a226-028e-4aaf-be98-11fd989b4eb8.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: 2013-07-01
Reporting Person: LARSEN KEITH G (Director, CHAIRMAN & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-01 | Stock Option (Right to Buy) | $2.08 | A | 65000 | Acquired | 2023-06-30 | Common Stock (65000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 455275 | Direct |
| Common Stock | 114623 | Indirect |
| Common Stock | 222524 | Indirect |
| Common Stock | 466513 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.52 | 2018-09-21 | Common Stock (75000) | 75000 | Direct |
| Stock Options (Right to Buy) | $4.97 | 2017-07-26 | Common Stock (150000) | 150000 | Direct |
| Stock Options (Right to Buy) | $3.86 | 2015-10-13 | Common Stock (100000) | 100000 | Direct |
| Stock Options (Right to Buy) | $2.46 | 2014-06-30 | Common Stock (59350) | 59350 | Direct |
Footnotes
F1: Includes shares held directly by the Reporting Person.
F2: 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.
F3: 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).
F4: As a result of the settlement of Mr. John L. Larsen's Estate, 466,513 shares of U.S. Energy common stock were put into a Family Trust. Keith Larsen is John L. Larsen's son and serves as the Co-Trustee of a Family Trust.
F5: Stock options granted under the Issuer's 2012 Equity Plan which vest in three (3) equal annual installments beginning one year from the grant date.
F6: Stock options grated under the Issuer's 2001 Incentive Stock Option Plan which vest in three (3) equal annual installments beginning September 22, 2009.
F7: Stock options granted under the Issuer's 2001 Incentive Stock Option Plan with a 5 year vesting schedule 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.