Clark William Anthony 4

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

Form 4

Period: 2010-04-27

Sr. V.P., Multi-Client Service

Transactions

Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $20.00From: 2009-09-30Exp: 2018-09-29→ Common Stock (5,000 underlying)
Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $30.00From: 2008-12-31Exp: 2017-12-30→ Common Stock (5,000 underlying)
Other
Common Stock
2010-04-27+35,000→ 35,000 total
Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $20.00From: 2008-12-31Exp: 2017-12-30→ Common Stock (5,000 underlying)
Other
Class B Common Stock
2010-04-27−35,000→ 0 total
Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $15.00From: 2008-12-31Exp: 2017-12-30→ Common Stock (5,000 underlying)
Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $15.00From: 2009-09-30Exp: 2018-09-29→ Common Stock (5,000 underlying)
Other
Stock Option
2010-04-27+15,000→ 15,000 total
Exercise: $25.00From: 2009-09-30Exp: 2018-09-29→ Common Stock (15,000 underlying)
Other
Stock Option
2010-04-27+15,000→ 15,000 total
Exercise: $30.00From: 2009-09-30Exp: 2018-09-29→ Common Stock (15,000 underlying)
Sale
Common Stock
2010-04-27$12.00/sh−1,725$20,700→ 33,275 total
Other
Stock Option
2010-04-27+5,000→ 5,000 total
Exercise: $25.00From: 2008-12-31Exp: 2017-12-30→ Common Stock (5,000 underlying)

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 filing date, 50% of these shares have vested. The remainder of these shares will vest 25% on each of the following dates; December 31, 2010 and December 31, 2011.
[F3]As of the filing date 25% of these shares have vested. The remainder of these shares will vest 25% on each of the following dates; September 30, 2010, September 30, 2011 and September 30, 2012.
[F4]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