4//SEC Filing
Rankin William C 4
Accession 0001181431-11-002456
CIK 0001352302other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 3:03 PM ET
Size
13.2 KB
Accession
0001181431-11-002456
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Rankin William C
Executive VP and CFO
Transactions
- Award
Common Stock
2011-01-05+12,513→ 299,242 total - Disposition to Issuer
Stock Options (right to buy)
2011-01-05−27,264→ 0 totalExercise: $13.00From: 2007-04-18Exp: 2013-04-17→ Common Stock (27,264 underlying) - Disposition to Issuer
Stock Options (right to buy)
2011-01-05−46,266→ 0 totalExercise: $8.30From: 2008-09-20Exp: 2014-09-19→ Common Stock (46,266 underlying)
Holdings
- 212,325(indirect: By Partnership)
Common Stock
- 162,350(indirect: By GRAT)
Common Stock
- 1,216(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]On January 5, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to the reporting person on April 18, 2006 and September 20, 2007. In exchange for the options, the reporting person received 12,513 shares of restricted stock.
- [F2]4,171 shares of the restricted stock, received in exchange for options that were not vested, vest ratably over a four year period beginning on January 5, 2012 and 8,342 shares of the restricted stock, received in exchange for options that were vested, vest ratably over a three year period beginning on January 5, 2012.
- [F3]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F4]Consists of nonqualified stock options to purchase 9,088 shares of common stock and incentive stock options to purchase 18,176 shares of common stock. The incentive stock options vest ratably over a three year period beginning on April 18, 2007. The vesting of the nonqualified stock options is conditioned upon the achievement of certain performance targets by GeoMet, Inc. On January 5, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, these options and in exchange for these options, the reporting person received 1,245 shares of restricted stock.
- [F5]Consists of nonqualified stock options to purchase 15,422 shares of common stock and incentive stock options to purchase 30,844 shares of common stock. The incentive stock options vest ratably over a three 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. On January 5, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, these options and in exchange for these options, the reporting person received 11,268 shares of restricted stock.
Documents
Issuer
GeoMet, Inc.
CIK 0001352302
Entity typeother
Related Parties
1- filerCIK 0001370428
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 3:03 PM ET
- Size
- 13.2 KB