CHK » Topics » Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

This excerpt taken from the CHK 10-Q filed Aug 8, 2007.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table presents information about repurchases of our common stock during the three months ended June 30, 2007:

 

Period

  

Total
Number

of Shares

Purchased (a)

  

Average

Price
Paid

Per
Share (a)

  

Total Number of

Shares Purchased

as Part of Publicly

Announced Plans

or Programs

  

Maximum Number

of Shares That May

Yet Be Purchased

Under the Plans

or Programs(b)

April 1, 2007 through April 30, 2007

   3,887    $ 33.683    —      —  

May 1, 2007 through May 31, 2007

   8,957      34.862    —      —  

June 1, 2007 through June 30, 2007

   10,513      34.699    —      —  
                     

Total

   23,357    $ 34.593    —      —  
                     

(a) Includes the deemed surrender to the company of 2,756 shares of common stock to pay the exercise price in connection with the exercise of employee stock options and the surrender to the company of 20,601 shares of common stock to pay withholding taxes in connection with the vesting of employee restricted stock.
(b) We make matching contributions to our 401(k) plan and 401(k) make-up plan using Chesapeake common stock which is held in treasury or is purchased by the respective plan trustees in the open market. The plans contain no limitation on the number of shares that may be purchased for purposes of company contributions.
This excerpt taken from the CHK 10-Q filed May 8, 2007.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table presents information about repurchases of our common stock during the three months ended March 31, 2007:

 

Period

  

Total Number

of Shares

Purchased(a)

  

Average

Price Paid

Per Share(a)

  

Total Number of

Shares Purchased

as Part of Publicly

Announced Plans

or Programs

  

Maximum Number

of Shares That May

Yet Be Purchased

Under the Plans

or Programs(b)

January 1, 2007 through January 31, 2007

   243,269    $ 27.982    —      —  

February 1, 2007 through February 28, 2007

   4,271      30.337    —      —  

March 1, 2007 through March 31, 2007

   5,834      30.852    —      —  
                     

Total

   253,374    $ 28.088    —      —  
                     

 

(a) Includes the deemed surrender to the company of 5,798 shares of common stock to pay the exercise price in connection with the exercise of employee stock options and the surrender to the company of 247,576 shares of common stock to pay withholding taxes in connection with the vesting of employee restricted stock.

 

(b) We make matching contributions to our 401(k) plan and 401(k) make-up plan using Chesapeake common stock which is held in treasury or is purchased by the respective plan trustees in the open market. The plans contain no limitation on the number of shares that may be purchased for purposes of company contributions.
This excerpt taken from the CHK 10-Q filed Nov 7, 2006.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

On September 29, 2006, we issued 1,375,989 shares of our common stock to Altoma Energy, an Oklahoma general partnership, in exchange for 40,000 shares of common stock of Chaparral Energy, Inc. The Chesapeake shares were valued at $40 million, based on the average closing price during a ten trading-day period beginning September 13, 2006, and were issued in a private offering without registration under the Securities Act of 1933 in reliance on the exemption provided in Section 4(2) of such Act.

The following table presents information about repurchases of our common stock during the three months ended September 30, 2006:

 

Period

  

Total Number

of Shares

Purchased(a)

  

Average

Price Paid

Per Share(a)

  

Total Number of

Shares

Purchased

as Part of Publicly

Announced Plans

or Programs

  

Maximum Number

of Shares That May

Yet Be Purchased

Under the Plans

or Programs(b)

July 1, 2006 through July 31, 2006

   163,509    $ 29.916    —      —  

August 1, 2006 through August 31, 2006

   14,645      32.411    —      —  

September 1, 2006 through September 30, 2006

   2,338      28.980    —      —  
                     

Total

   180,492    $ 30.106    —      —  
                     

(a) Includes 32 shares purchased in the open market for the matching contributions we make to our 401(k) plans, the deemed surrender to the company of 9,587 shares of common stock to pay the exercise price in connection with the exercise of employee stock options and the surrender to the company of 170,873 shares of common stock to pay withholding taxes in connection with the vesting of employee restricted stock.
(b) We make matching contributions to our 401(k) plans and 401(k) make-up plan using Chesapeake common stock which is held in treasury or is purchased by the respective plan trustees in the open market. The plans contain no limitation on the number of shares that may be purchased for purposes of company contributions.
This excerpt taken from the CHK 10-Q filed May 10, 2006.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table presents information about repurchases of our common stock during the three months ended March 31, 2006:

 

Period

  

Total Number

of Shares

Purchased(a)

  

Average

Price Paid

Per Share(a)

  

Total Number of

Shares Purchased

as Part of Publicly

Announced Plans

or Programs

  

Maximum Number

of Shares That May

Yet Be Purchased

Under the Plans

or Programs(b)

January 1, 2006 through January 31, 2006

   216,872    $ 32.894    —      —  

February 1, 2006 through February 28, 2006

   44,017      31.316    —      —  

March 1, 2006 through March 31, 2006

   50,618      31.268    —      —  
                     

Total

   311,507    $ 32.406    —      —  
                     

(a) Includes 149,954 shares purchased in the open market for the matching contributions we make to our 401(k) plans, the deemed surrender to the company of 9,065 shares of common stock to pay the exercise price in connection with the exercise of employee stock options and the surrender to the company of 152,488 shares of common stock to pay withholding taxes in connection with the vesting of employee restricted stock.
(b) We make matching contributions to our 401(k) plans and 401(k) make-up plan using Chesapeake common stock which is held in treasury or is purchased by the respective plan trustees in the open market. The plans contain no limitation on the number of shares that may be purchased for purposes of company contributions.
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