Weinman Barry Lee 4

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

Form 4

Period: 2010-04-27

President, Weinman GeoScience

Transactions

Other
Stock Option
2010-04-27+6,000→ 6,000 total
Exercise: $20.00From: 2009-06-30Exp: 2018-06-29→ Common Stock (6,000 underlying)
Other
Stock Option
2010-04-27+6,000→ 6,000 total
Exercise: $15.00From: 2009-06-30Exp: 2018-06-29→ Common Stock (6,000 underlying)
Other
Stock Option
2010-04-27+6,000→ 6,000 total
Exercise: $30.00From: 2009-06-30Exp: 2018-06-29→ Common Stock (6,000 underlying)
Other
Preferred Stock
2010-04-27−295,809→ 0 total(indirect: Weinman GeoScience, Inc.)
→ Common Stock (295,809 underlying)
Other
Common Stock
2010-04-27+295,809→ 295,809 total(indirect: Weinman Geoscience, Inc.)
Other
Stock Option
2010-04-27+6,000→ 6,000 total
Exercise: $25.00From: 2009-06-30Exp: 2018-06-29→ Common Stock (6,000 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, none of these shares have vested. These shares will vest 25% on each of the following dates; March 31, 2011, March 31, 2012, March 31, 2013 and March 31, 2014.
[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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