MAGNUM HUNTER RESOURCES CORP | 2013 | FY | 3


 A summary of warrant activity for the years ended December 31, 2013, 2012, and 2011 is presented below:
 
 
2013
 
2012
 
2011
 
 
Weighted -
 
 
Weighted -
 
 
Weighted -
 
 
Average
 
 
Average
 
 
Average
 
Shares
Exercise Price
 
Shares
Exercise Price
 
Shares
Exercise Price
Outstanding at beginning of year
13,376,277

$
10.56

 
13,525,832

$
10.48

 
963,034

$
2.91

Granted
17,030,622

$
8.50

 

$

 
13,391,655

$
10.56

Exercised, forfeited, or expired
(13,237,889
)
$
10.50

 
(149,555
)
$
3.32

 
(828,857
)
$
2.97

Outstanding at end of year
17,169,010

$
8.56

 
13,376,277

$
10.56

 
13,525,832

$
10.48

Exercisable at end of year
17,169,010

$
8.56

 
13,376,277

$
10.56

 
13,525,832

$
10.48


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