SELLERS WALLACE O 4

4 · NATURAL GAS SERVICES GROUP INC · Filed Jan 7, 2005

Form 4

Period: 2005-01-05

Director10% Owner

Transactions

Award
Nonqualified Stock Option (right to buy)
2005-01-05+2,500→ 2,500 total
Exercise: $9.34From: 2005-01-05Exp: 2015-01-05→ Common Stock (2,500 underlying)

Holdings

Common Stock
(indirect: By Spouse)
158,600
Nonqualified Stock Option (right to buy)
Exercise: $3.88From: 2002-12-31Exp: 2012-12-31→ Common Stock (2,500 underlying)
2,500
Stock Warrant (right to buy)
Exercise: $3.25From: 2002-04-24Exp: 2007-04-23→ Common Stock (9,032 underlying)
9,032
Common Stock
103,909
Common Stock
(indirect: By Trust)
196,091
Stock Warrant (right to buy)
Exercise: $2.50From: 2001-03-31Exp: 2006-12-31→ Common Stock (21,936 underlying)
21,936

Footnotes (3)

[F1]These shares are held and registered in the name of a trust entitled "Trust under deed of Wallace O. Sellers dated June 21, 1991," under which the reporting person's spouse, Naudain Sellers, is a contingent remainder beneficiary. An unrelated third party serves as trustee of this Trust and possesses exclusive control over the investment of the securities therein. The reporting person disclaims beneficial ownership of these securities, and the filing is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
[F2]These shares are held by and registered in the name of a trust entitled "Trust under deed of Wallace O. Sellers dated June 22, 1971," under which the reporting person's spouse, Naudain Sellers, is a beneficiary during her lifetime. An unrelated third party serves as trustee of this Trust and possesses exclusive control over the investment of the securities therein. The reporting person disclaims beneficial ownership of these securities, and the filing is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
[F3]Such options were granted to the reporting person under the Natural Gas 1998 Stock Option Plan.

Documents

1 file