GeoMet, Inc. 4
4 · GeoMet, Inc. · Filed Dec 20, 2007
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Malone Philip G
DirectorSenior VP - Exploration
Transactions
- Award
Restricted Common Stock
2007-09-20−2,466→ 447,650 total - Award
Stock Options (right to buy)
2007-09-20+26,850→ 42,672 totalExercise: $8.30From: 2008-09-20Exp: 2014-09-19→ Common Stock (26,850 underlying)
Footnotes (2)
- [F1]Consists of shares of restricted common stock. The vesting of the shares of restricted common stock is conditioned upon the achievement of certain performance targets by GeoMet, Inc.
- [F2]Consists of nonqualified stock options to purchase 13,425 shares of common stock and incentive stock options to purchase 13,425 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.