Colson Edward 4

4 · OMNI ENERGY SERVICES CORP · Filed Nov 5, 2010

Form 4

Period: 2010-10-27

Director

Transactions

Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−50,000$137,500→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−32,307$88,844→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−150,000$412,500→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−100,000$275,000→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2010-10-27$2.75/sh−154,904$425,986→ 0 total(indirect: By Trust)
Disposition to Issuer
Director Options
2010-10-27−5,000→ 0 total
Exercise: $1.63Exp: 2019-05-28→ Common Stock (5,000 underlying)
Disposition to Issuer
Director Options
2010-10-27−3,581→ 0 total
Exercise: $2.28Exp: 2017-08-08→ Common Stock (3,581 underlying)
Disposition to Issuer
Director Options
2010-10-27−3,881→ 0 total
Exercise: $2.28Exp: 2018-06-05→ Common Stock (3,881 underlying)
Disposition to Issuer
Director Options
2010-10-27−2,912→ 0 total
Exercise: $2.28Exp: 2016-06-28→ Common Stock (2,912 underlying)
Disposition to Issuer
Director Options
2010-10-27−9,750→ 0 total
Exercise: $2.28Exp: 2015-08-10→ Common Stock (9,750 underlying)
Disposition to Issuer
Series C 9% Convertible Preferred Stock
2010-10-27−292,820→ 0 total(indirect: By Trust)
Exercise: $1.95→ Common Stock (292,820 underlying)

Footnotes (8)

[F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of June 3, 2010 by and among Wellspring OMNI Holdings Corporation ("Parent"), Wellspring OMNI Acquisition Corporation and OMNI Energy Services Corp. (the "Merger") in exchange for $2.75 per share.
[F2]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $5,600.00.
[F3]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $1,683.07.
[F4]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $1,824.07.
[F5]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $1,368.64.
[F6]In accordance with the terms of the Merger, this option was cancelled in exchange for a cash payment of $4,582.50.
[F7]Represents 571 shares of Series C 9% Convertible Preferred Stock which were exchanged for equity of Parent and its subsidiaries.
[F8]Not Applicable

Documents

1 file