Fleure Thomas J 4

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

Form 4

Period: 2010-04-27

DirectorSr. V.P., Technology

Transactions

Other
Class A Common Stock
2010-04-27−430,000→ 0 total
Other
Class B Common Stock
2010-04-27−339,000→ 0 total
Sale
Class B Common Stock
2009-12-29$14.00/sh−25,000$350,000→ 339,000 total
Other
Common Stock
2010-04-27+1,089,000→ 1,089,000 total
Other
Preferred Stock
2010-04-27−320,000→ 0 total
→ Common Stock (320,000 underlying)
Other
Stock Option
2010-04-27+10,000→ 10,000 total
Exercise: $15.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (10,000 underlying)
Other
Stock Option
2010-04-27+10,000→ 10,000 total
Exercise: $20.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (10,000 underlying)
Other
Stock Option
2010-04-27+20,000→ 20,000 total
Exercise: $25.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (20,000 underlying)
Other
Stock Option
2010-04-27+20,000→ 20,000 total
Exercise: $30.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (20,000 underlying)
Sale
Common Stock
2010-04-27$12.00/sh−48,313$579,756→ 1,040,687 total

Footnotes (4)

[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.
[F4]The Convertible Preferred Stock is immediately exercisable and does not have an expiration date.

Documents

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