-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E1yeqlPqUo6kebVAElPW0bxPtlTa501ehV7ZqGqXqjrx607Hb0+l4MfYWa1szTx1 4VvOjee8Jx55k6acn87hEQ== 0000320321-98-000081.txt : 19981008 0000320321-98-000081.hdr.sgml : 19981008 ACCESSION NUMBER: 0000320321-98-000081 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980930 FILED AS OF DATE: 19981007 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEAGULL ENERGY CORP CENTRAL INDEX KEY: 0000320321 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 741764876 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-08094 FILM NUMBER: 98722296 BUSINESS ADDRESS: STREET 1: 1001 FANNIN STE 1700 STREET 2: 1001 FIRST CITY TOWER CITY: HOUSTON STATE: TX ZIP: 77002-6714 BUSINESS PHONE: 7139514700 MAIL ADDRESS: STREET 1: 1001 FANNIN, SUITE 1700 STREET 2: 1001 FIRST CITY TOWER CITY: HOUSTON STATE: TX ZIP: 77002-6714 FORMER COMPANY: FORMER CONFORMED NAME: SEAGULL PIPELINE CORP DATE OF NAME CHANGE: 19830815 COMPANY DATA: COMPANY CONFORMED NAME: SEAGULL ENERGY CORP CENTRAL INDEX KEY: 0000320321 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] OFFICER IRS NUMBER: 741764876 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 1001 FANNIN STE 1700 STREET 2: 1001 FIRST CITY TOWER CITY: HOUSTON STATE: TX ZIP: 77002-6714 BUSINESS PHONE: 7139514700 MAIL ADDRESS: STREET 1: 1001 FANNIN, SUITE 1700 STREET 2: 1001 FIRST CITY TOWER CITY: HOUSTON STATE: TX ZIP: 77002-6714 FORMER COMPANY: FORMER CONFORMED NAME: SEAGULL PIPELINE CORP DATE OF NAME CHANGE: 19830815 4 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) VOLKE, CARL E 10 GOLDEN SUNSET CIRCLE THE WOODLANDS, TX 77381 2. Issuer Name and Ticker or Trading Symbol SEAGULL ENERGY CORPORATION (SGO) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) ###-##-#### 4. Statement for Month/Year 09/98 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Vice President, Administration 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 09/16/98 M 860 A $6.3125 5,942 D Direct Common Stock 12,678 I 401(k) Plan Common Stock 5,064 I ESOP Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $6.3125 09/16/98 M 860 09/20/98 (right to buy) Non-Qualified Stock Option $11.6875 09/16/98 A V 11,000 (1) 07/15/08 (right to buy) Non-Qualified Stock Option $16.5000 07/15/98 A V 11,000 (2) 07/15/08 (right to buy) Non-Qualified Stock Option $16.5000 09/16/98 D (3) V 11,000 (1) 07/15/08 (right to buy) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month - ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 09/16/98 Common Stock 860 0 D Direct (right to buy) Non-Qualified Stock Option 09/16/98 Common Stock 11,000 11,000 D Direct (right to buy) Non-Qualified Stock Option 07/15/98 Common Stock 11,000 D Direct (right to buy) Non-Qualified Stock Option 09/16/98 Common Stock 11,000 0 D Direct (right to buy) Explanation of Responses: (1) The reported transaction involved the repricing of an existing option which was originally granted on July 15, 1998 and which provided for vesting in four equal annual installments beginning one year from date of grant. The vesting terms were not amended at the time of repricing nor was the term of the grant which is ten years from the original date of grant. (2) The option, which represents a right-to-buy, vests in four equal annual installments beginning one year from date of grant. (3) Cancellation of option dated July 15, 1998 in connection with grant of replacement option.
SIGNATURE OF REPORTING PERSON /S/ By: Sylvia Sanchez For: Carl E. Volke DATE -----END PRIVACY-ENHANCED MESSAGE-----