Wilde - Form 144


U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 144
 
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
   
 
 
SEC USE ONLY
 
DOCUMENT SEQUENCE NO.
 
 
ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.
 
CUSSIP NUMBER
 
 
 
1 (a) NAME OF ISSUER (Please type or print)
 
 
(b) IRS IDENT. NO.
 
 
(c) S.E.C. FILE NO.
 
 
WORK LOCATION
Allis-Chalmers Energy Inc.
 
39-0126090
 
001-02199
 
 
1 (d) ADDRESS OF ISSUER
STREET
CITY
STATE
ZIP CODE
(e) TELEPHONE NO.
 
5075 Westheimer, Suite 890
 
 
Houston
 
 
Texas
 
 
77056
 
 
AREA CODE
 
 
 
NUMBER
 
713
369-0550

 
2(a)  NAME OF PERSON FOR WHOSE ACCOUNT THE  SECURITIES ARE TO BE SOLD
 
(b) SOCIAL
SECURITY NO.
OR IRS IDENT. NO
 
(c) RELATIONSHIP TO ISSUER
 
(d) ADDRESS
 
STREET
 
CITY
 
STATE
 
ZIP CODE
 
David Wilde
 
 
267-17-5823
 
 
President and COO
 
 
5075 Westheimer, Suite 890 Houston, Texas 77056
 
 
INSTRUCTION: The person filing this notice should contact the issuer to obtain the IRS Identification Number and the S.E.C. File Number
 
 
3(a)
(b)
SEC USE ONLY
(c)
(d) 
(e)
(f)
(g)
 
Title of the Class
of Securities
To Be Sold
 
 
Name and Address of Each Broker
Through Whom the Securities are to be
Offered or Each Market Maker
who is Acquiring the Securities
 
 
Broker-Dealer
File Number
 
 
Number of Shares
or Other Units
To Be Sold
 
(See instr. 3(c))
 
 
Aggregate Market
Value
 
(See instr. 3(d))
 
 
Number of Shares
or Other Units
Outstanding
 
(See instr. 3(e))
 
 
Approximate
Date of Sale
 
(See instr. (f))
(MO. DAY YR)
 
 
Name of Each
Securities
Exchange
 
(See Instr. 3(g))
 
 
Common Stock, par value $0.01
 
 
Wachovia Securities
909 Fannin, Suite 1100
Houston, Texas 77010
 
 
 
100,000
 
 
$1,646,000*
 
 
17,350,615**
 
 
May 8, 2006
 
 
AMEX
 
 
 
 
 

 
 
INSTRUCTIONS:

1.
(a)
Name of issuer
 
(b)
Issuer’s I.R.S. Identification Number
 
(c)
Issuer’s S.E.C. file number, if any
 
(d)
Issuer’s address, including zip code
 
(e)
Issuer’s telephone number, including area code
 
2.
(a)
Name of person for whose account the securities are to be sold.
 
(b)
Such person’s Social Security or I.R.S. identification number
 
(c)
Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
 
(d)
Such person’s address, including zip code
 
3.
(a)
Title of the class of securities to be sold
 
(b)
Name and address of each broker through whom the securities are intended to be sold
 
(c)
Number of shares to other units to be sold (if debt securities, give the aggregate face amount)
 
(d)
Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
 
(e)
Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as
shown by the most recent report or statement published by the issuer
 
(f)
Approximate date on which the securities are to be sold
 
(g)
Name of each securities exchange, if any, on which the securities are intended to be sold


*
Based on the opening price of $16.46 for the Issuer’s Common Stock on May 8, 2006.
**
As of April 28, 2006, as reported in the Issuer’s Form 10-K/A filed on May 1, 2006.
 
TABLE I—SECURITIES TO BE SOLD
 

 
Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:
             
 
Title of
the Class
 
 
Date You
Acquired
 
 
Nature of Acquisition Transaction
 
 
Name of Person from Whom Acquired
(If gift, also give date donor acquired)
 
 
Amount of
Securities
Acquired
 
 
Date of
Payment
 
 
Nature of
Payment
 
 
Common Stock, par value $0.01
 
 
May 8, 2006
 
 
Acquired from the Issuer as a result of the exercise of a stock option granted under the Issuer’s 2003 Incentive Stock Plan.
 
 
Acquired from the Issuer as a result of the exercise of a stock option granted under the Issuer’s 2003 Incentive Stock Plan.
 
 
100,000
 
 
May 8, 2006
 
 
Cash
 
 
INSTRUCTIONS:
 
1.  If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
 
2.  If within two years after the acquisition of the securities the person for whose account they are to be sold had any short positions, put or other options to dispose of securities referred to in paragraph (d)(3) of Rule 144, furnish full information with respect thereto.
         


 
 
TABLE II—SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold.
 
 
Name and Address of Seller
 
Title of Securities Sold
 
Date of Sale
Amount of
Securities Sold
 
Gross Proceeds
         
         
       
         

REMARKS:
 

 
 INSTRUCTIONS:   ATTENTION:
     
See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of rule 144 to be aggregated within sales for the account of the person filing this notice.   The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.
 
 
 May 8, 2006
 
 /s/ Dave Wilde
 DATE OF NOTICE
 
 (SIGNATURE)

This notice shall be signed by the person for whose account the securities are to be sold.
At least one copy of the notice shall be manually signed.\
 
Any copies not manually signed shall bear typed or printed signatures.