4//SEC Filing
Weber Gary S. 4
Accession 0001181431-10-060769
CIK 0001352302other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 3:36 PM ET
Size
6.4 KB
Accession
0001181431-10-060769
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Weber Gary S.
Director
Transactions
- Purchase
Series A Convertible Redeemable Preferred Stock
2010-12-08$10.29/sh+10,000$102,900→ 10,000 totalExercise: $1.30→ Common Stock (76,923 underlying)
Footnotes (2)
- [F1]The Series A Convertible Redeemed Preferred Stock (the "Preferred Stock") is entitled to be converted by the holder thereof into a number of shares of common stock determined by dividing (i) the sum of (A) $10.00 plus (B) accrued but unpaid dividends by (ii) the conversion price, which is initially $1.30. Each share of Preferred Stock is initially convertible into 7.692308 shares of common stock. The conversion price and resulting number of shares of common stock issued upon conversion of Preferred Stock will be adjusted to reflect stock splits and similar events and will be entitled to anti-dilution adjustments for any dividends paid on common stock in cash or in common stock, the issuance of additional equity securities at a price less than the conversion price on a weighted average basis, and the occurrence of certain material corporate transactions at a per share valuation less than the conversion price.
- [F2]The Preferred Stock is convertible at any time, at the holder's election, and is redeemable on or after September 14, 2018, at the holder's election.
Documents
Issuer
GeoMet, Inc.
CIK 0001352302
Entity typeother
Related Parties
1- filerCIK 0001501554
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 3:36 PM ET
- Size
- 6.4 KB