SEC Form 4 · accession 0000899243-16-034924

TRANS ENERGY INC · TENG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 5, 2016

Accepted (ET)

Dec 5, 2016 · 4:52 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000919721

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
COMMON STOCK	Dec 5, 2016	D	378,638	$3.58	D	0	D
COMMON STOCK	Dec 5, 2016	D	35,087	$3.58	D	0	I	By Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Common Stock^F1	$0.00	Dec 5, 2016	D	33,000	D	Dec 5, 2016	Dec 5, 2016	Common Stock	33,000	D
Employee Stock Option^F2	$2.30	Dec 5, 2016	D	18,000	D	Apr 26, 2012	Jun 30, 2017	Common Stock	18,000	D
Employee Stock Option^F3	$2.30	Dec 5, 2016	D	18,000	D	Feb 13, 2013	Jun 30, 2018	Common Stock	18,000	D

F1These shares of restricted Common Stock were issuable pursuant to the Company's long term incentive plan. These shares were converted into the right to receive $3.58 per share in the merger.
F2This option was cancelled in the merger in exchange for a cash payment of $23,040, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($3.58 per share).
F3This option was cancelled in the merger in exchange for a cash payment of $23,040, representing the difference between the exercise price of the option and the market value of the underlying common stock on the effective date of the merger ($3.58 per share).