GeoMet, Inc. 4
4 · GeoMet, Inc. · Filed Dec 20, 2007
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Rankin William C
Executive VP and CFO
Transactions
- Award
Stock options (right to buy
2007-09-20+46,266→ 633,570 totalExercise: $8.30From: 2008-09-20Exp: 2014-09-19→ Common stock (46,266 underlying) - Award
Restricted Common Stock
2007-09-20+4,251→ 307,097 total
Footnotes (2)
- [F1]Consists of shares of restricted common stock. The vesting of the shares of restricted stock is conditioned upon the achievement of certain performance targets by GeoMet, Inc.
- [F2]Consists of nonqualified stock options to purchase 23,133 shares of common stock and incentive stock options to purchase 23,133 shares of common stock. The incentive stock options vest ratably over a two and one-half year period beginning on September 20, 2008. The vesting of the nonqualified stock options is conditioned upon the achievement of certain performance targets by GeoMet, Inc.