Graham Christopher P. 4
4 · Global Geophysical Services Inc · Filed Apr 16, 2012
Insider Transaction Report
Form 4
Graham Christopher P.
Sr.Vice President, Gen.Counsel
Transactions
- Award
Common Stock
2012-04-12+5,000→ 64,445 total - Other
Common Stock
2012-03-31$6.12/sh+1,013$6,200→ 59,445 total
Holdings
- 58,432
Common Stock
Footnotes (2)
- [F1]These shares were acquired under the issuer's Employee Stock Purchase Plan (ESPP), a plan qualified under Section 423 of the Internal Revenue Code, based on the most recent quaterly report for the period January 1, 2012 to March 31, 2012. The ESPP shares were purchased following the reporting person's last Section 16 filing. This transaction is exempt under Rule 16b-3(c).
- [F2]These shares are subject to GGS' standard vesting requirements over eight (8) calendar quarters, more specifically 12.5% (twelve and one-half percent) of the total shares will vest on each of the following dates starting on September 30, 2013, December 31, 2013, March 31, 2014, June 30, 2014, September 30, 2014, December 31, 2014, March 31, 2015 and June 30, 2015.