UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): March 20, 2007
(March 19, 2007)
TETON ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
(State of incorporation)
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001-31679
(Commission File No.)
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84-1482290
(IRS Employer
Identification No.) |
410 17th Street, Suite 1850
Denver, CO 80202
(Address of principal executive offices, including zip code)
(303) 565-4600
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01- Regulation FD Disclosure
On
March 19, 2007, Teton Energy Corporation (the “Company”) issued a press release stating
that several directors and officers of the Company adopted prearranged trading plans (the “Plans”)
with respect to certain shares that they will receive pursuant to the Company’s Long-term Incentive
Plan. Such Plans were adopted in accordance with Securities and Exchange Commission Rule 10b5-1.
The Plans were established in order to enable the Company to ensure compliance with applicable
tax withholding requirements and may only be implemented when the director or officer is not in
possession of material non-public information. Once established, the director or officer does not
retain or exercise any discretion over sales of stock under the Plans and the pre-planned trades
can be executed at later dates as set forth therein, without regard to any subsequent material
non-public information that the director or officer may receive.
The directors and officers who entered into the Plans include: James J. Woodcock, Chairman,
Karl F. Arleth, President, Bill I. Pennington, Chief Financial Officer, Dominic J. Bazile, Chief
Operating Officer, Andrew Schultz, Vice President — Production, Richard Bosher, Vice President —
Business Development, William Brand, Controller, and directors William White, Thomas Conroy, John
Connor, and Robert Bailey. The Plans each terminate on December 31, 2009, unless earlier
terminated under certain conditions provided in the Plans.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
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Not applicable. |
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Not applicable. |
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Not applicable. |
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Exhibits. |
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| Exhibit No. |
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Description |
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99.1
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Press Release dated March 19, 2007 |
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