DAWSON OPERATING CO 4
4 · DAWSON OPERATING CO · Filed Feb 12, 2015
Insider Transaction Report
Form 4
COOPER CRAIG W
Director
Transactions
- Disposition to Issuer
Common Stock $0.33 1/3 par value
2015-02-11−16,651→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the merger (the "Merger") of Dawson Operating Company, previously known as Dawson Geophysical Company ("Old Dawson") with a subsidiary of Dawson Geophysical Company, previously known as TGC Industries, Inc. ("New Dawson") whereby each share of Old Dawson common stock, par value $0.33 1/3 per share, was converted into 1.760 shares of New Dawson common stock, par value $0.01 per share, having a market value based on the closing price of one share of New Dawson common stock on NASDAQ on the effective date of the Merger of $5.85 (as adjusted to reflect New Dawson's 1-for-3 reverse stock split, which occurred immediately prior to the Merger) per share and a cash payment being made for any fractional shares.