4//SEC Filing
STEIGLITZ JOHN E 4
Accession 0001181431-04-039092
CIK 0000750813other
Filed
Jul 5, 8:00 PM ET
Accepted
Aug 6, 10:10 AM ET
Size
11.1 KB
Accession
0001181431-04-039092
Insider Transaction Report
Form 4
SEITEL INCSELA
STEIGLITZ JOHN E
Other
Transactions
- Other
Common Stock, par value $.01 per share
2004-07-02+12,085→ 12,085 total - Other
Common Stock Purchase Warrants
2004-07-02+12,085→ 12,085 totalExercise: $0.60From: 2004-07-02Exp: 2004-08-02→ Common Stock, par value $.01 per share (59,530 underlying) - Other
Common Stock Options
2004-07-02−52,250→ 0 total→ Common Stock (52,250 underlying)
Footnotes (4)
- [F1]Pursuant to the Issuer's Third Amended Joint Plan of Reorganization (the "Plan of Reorganization"), on 07/02/04 (the "Effective Date"), all outstanding shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") will be cancelled and the Reporting Person will be entitled to receive (i) for each share of Common Stock surrendered on or after the Effective Date, one share of the Issuer's reorganized common stock, and (ii) for each share of Common Stock held of record on 06/25/04, one common stock purchase warrant representing the right to purchase 4.926 shares of the Issuer's reorganized common stock, at an exercise price of $.60 per share, exercisable at any time during the period commencing on the Effective Date and ending at 5:00 p.m., New York City time, on 08/02/04. The acquisition of such securities is exempt from Section 16 pursuant to Rule 16b-7.
- [F2]As of the Effective Date, the Reporting Person resigned as a director of the Issuer.
- [F3]The issuance of such common stock purchase warrants are exempt from Section 16 pursuant to Rule 16a-9.
- [F4]Under the Plan of Reorganization, any options or warrants to acquire shares of common stock outstanding on the Effective Date of the Plan of Reorganization will be cancelled, and the holders of such options and warrants will no longer be able to exercise such options and warrants after that time. The exercise prices of the cancelled options and warrants ranged from $11.00 to $18.26.
Documents
Issuer
SEITEL INC
CIK 0000750813
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001015756
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Aug 6, 10:10 AM ET
- Size
- 11.1 KB