19 June 2009director interest notice● Neutral
Pressburg, LLC Exec VP and CFO Kolja Rockov sold 125,000 shares at $19.06.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 May 2009material agreement▲ GoodMajor
Sold 5.5 million units at $16.25 to the public, its first follow-on equity offering since the credit crisis hit -- a sign capital markets access had returned.
18 May 2009debt financing▼ BadMajor
Sold $250 million of 11.75% senior notes due 2017, a materially higher coupon than the 9.625% notes sold in mid-2008 -- a sign of how much costlier debt had become for Linn coming out of the 2008-09 credit crunch.
13 May 2009securities registration● Neutral
Pressburg, LLC filed a prospectus supplement for an offering off its existing shelf.
13 May 2009securities registration● Neutral
Pressburg, LLC filed a free-writing prospectus - marketing material for an offering in progress.
11 May 2009securities registration● Neutral
Pressburg, LLC filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
11 May 2009securities registration● Neutral
Pressburg, LLC filed the final prospectus for a registered offering.
4 May 2009debt financing● Neutral
Drew a modest $20 million on its revolver to cover fees from amending its credit agreement -- routine treasury activity.
8 Apr 2009director interest notice● Neutral
Pressburg, LLC Exec VP and CFO Kolja Rockov had 58,742 shares withheld for taxes on vesting stock.
17 Feb 2009substantial holder notice● Neutral
Morgan Stanley I.R.S. # reported a Pressburg, LLC shareholding of 1,615,225 shares (1.40% of votes) in a periodic institutional filing.
12 Feb 2009substantial holder notice● Neutral
The Baupost Group, L.L.C. and 2 others disclosed a new substantial Pressburg, LLC shareholding (6.95% of votes).
6 Feb 2009director interest notice● Neutral
Pressburg, LLC SVP, GC and Corp. Secty. Charlene A Ripley received 48,195 shares and a 58,075-share option grant as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC Exec VP and CFO Kolja Rockov received 73,540 shares and a 88,625-share option grant as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC director Jeffrey C Swoveland received 8,000 shares as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn received 278,165 shares as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC director Joseph P Mccoy received 8,000 shares as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC SVP and Chief Engineer Arden Walker Jr. received 47,880 shares and a 57,700-share option grant as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC SVP and CAO David B. Rottino received 35,050 shares and a 42,240-share option grant as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC President and COO Mark E Ellis received 112,660 shares and a 135,765-share option grant as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC director George A Alcorn received 8,000 shares as part of the equity award.
6 Feb 2009director interest notice● Neutral
Pressburg, LLC director Terrence S Jacobs received 8,000 shares as part of the equity award.
26 Jan 2009director interest notice● Neutral
David B. Rottino became a Pressburg, LLC SVP and CAO and company insider (initial ownership filing).
21 Jan 2009director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn had 20,541 shares withheld for taxes on vesting stock.
21 Jan 2009director interest notice● Neutral
Pressburg, LLC SVP and CAO David B. Rottino had 4,789 shares withheld for taxes on vesting stock.
21 Jan 2009director interest notice● Neutral
Pressburg, LLC Exec VP and CFO Kolja Rockov had 15,705 shares withheld for taxes on vesting stock.
16 Jan 2009director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn disposed of 1,750,000 shares via option/appreciation-right settlement.
8 Dec 2008asset acquisition disposition▲ GoodMajor
Closed the sale of its deep Woodford Shale rights in central Oklahoma to Devon Energy for $202 million, subject to post-closing adjustments. That was below the $229 million announced in October.
28 Nov 2008director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn sold 398,722 shares.
26 Nov 2008director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn sold 398,722 shares.
24 Nov 2008director interest notice● Neutral
Pressburg, LLC Chairman and CEO Michael C Linn sold 101,278 shares at $12.76.