Scott Lawrence M 4

4 · Global Geophysical Services Inc · Filed Apr 29, 2010

Form 4

Period: 2010-04-27

Vice President, Marine

Transactions

Other
Stock Option
2010-04-27+8,000→ 8,000 total
Exercise: $20.00From: 2008-06-30Exp: 2017-06-20→ Common Stock (8,000 underlying)
Other
Stock Option
2010-04-27+16,000→ 16,000 total
Exercise: $25.00From: 2008-06-30Exp: 2017-06-20→ Common Stock (16,000 underlying)
Other
Stock Option
2010-04-27+16,000→ 16,000 total
Exercise: $30.00From: 2008-06-30Exp: 2017-06-20→ Common Stock (16,000 underlying)
Other
Common Stock
2010-04-27+20,000→ 20,000 total
Sale
Common Stock
2010-04-27$12.00/sh−986$11,832→ 19,014 total
Other
Stock Option
2010-04-27+10,000→ 10,000 total
Exercise: $12.50From: 2008-06-30Exp: 2017-06-20→ Common Stock (10,000 underlying)
Other
Stock Option
2010-04-27+8,000→ 8,000 total
Exercise: $15.00From: 2008-06-30Exp: 2017-06-20→ Common Stock (8,000 underlying)
Other
Class B Common Stock
2010-04-27−20,000→ 0 total

Footnotes (3)

[F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A and B Common Stock and Preferred Stock are converting, immediately and automatically, into shares of Common Stock, as part of a recapitalization of the issuer's capital stock structure.
[F2]As of the transaction date, 50% of these shares have vested. On June 30, 2010 an additional 25% will vest and the final 25% will vest on June 30, 2011.
[F3]Pursuant to the reclassification discussed in footnote 1, these options now convert to Common Stock instead of Class B Common Stock, only if and when exercised.

Documents

1 file