THOMAS ALVIN L II 4

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

Form 4

Period: 2010-10-15

Sr. V.P., Sec. & General

Transactions

Other
Common Stock
2010-10-15$6.16/sh−10,900$67,139→ 22,375 total
Other
Stock Option
2010-10-15−10,000→ 0 total
Exercise: $15.00From: 2009-12-31Exp: 2018-12-30→ Common Stock (10,000 underlying)
Other
Stock Option
2010-10-15−10,000→ 0 total
Exercise: $20.00From: 2009-12-31Exp: 2018-12-30→ Common Stock (10,000 underlying)
Other
Stock Option
2010-10-15−10,000→ 0 total
Exercise: $15.00From: 2010-06-30Exp: 2019-06-29→ Common Stock (10,000 underlying)
Other
Stock Option
2010-10-15−20,000→ 0 total
Exercise: $25.00From: 2009-12-31Exp: 2018-12-30→ Common Stock (20,000 underlying)
Other
Stock Option
2010-10-15−20,000→ 0 total
Exercise: $30.00From: 2009-12-31Exp: 2018-12-30→ Common Stock (20,000 underlying)
Other
Common Stock
2010-10-15−22,375→ 0 total

Holdings

Footnotes (3)

[F1]As per the Confidential Settlement Agreement and Release, as amended ("Agreement") between Global Geophysical Services Inc. ("GGS") and Alvin L. Thomas II ("Mr. Thomas"), effective as of October 15, 2010, GGS acquired from Mr. Thomas all 10,900 vested shares of restricted common stock at $6.1595 per share, for a total agreed sale price of $67,138.56.
[F2]Per the Agreement, all unvested restricted shares were surrendered by Mr. Thomas to GGS.
[F3]Per the Agreement, all outstanding stock options previously granted to Mr. Thomas by GGS were terminated, as of October 15, 2010.

Documents

1 file