4//SEC Filing
Malone Philip G 4
Accession 0001181431-11-002481
CIK 0001352302other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 3:23 PM ET
Size
12.3 KB
Accession
0001181431-11-002481
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Malone Philip G
DirectorSenior VP - Exploration
Transactions
- Award
Common Stock
2011-01-05+7,261→ 522,972 total - Disposition to Issuer
Stock Options (right to buy)
2011-01-05−15,822→ 0 totalExercise: $13.00From: 2007-04-18Exp: 2013-04-17→ Common Stock (15,822 underlying) - Disposition to Issuer
Stock Options (right to buy)
2011-01-05−26,850→ 0 totalExercise: $8.30From: 2008-09-20Exp: 2014-09-19→ Common Stock (26,850 underlying)
Holdings
- 443,684(indirect: By Spouse)
Common Stock
Footnotes (6)
- [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 7,261 shares of restricted stock.
- [F2]2,420 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 4,841 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]Due to an inadvertent mathematical calculation, the Amount of Securities Beneficially Owned Following Reported Transaction(s) in Table I reported on the Form 4 dated March 23, 2009, should have been 502,655 shares instead of 502,665 shares, a difference of 10 shares. Accordingly, the Amount of Securities Beneficially Owned Following Reported Transaction(s) in Table I reported on the Form 4 dated September 20, 2010 should be reduced by 10 shares.
- [F4]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]Consists of nonqualified stock options to purchase 5,274 shares of common stock and incentive stock options to purchase 10,548 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 722 shares of restricted stock.
- [F6]Consists of nonqualified stock options to purchase 8,950 shares of common stock and incentive stock options to purchase 17,900 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 6,539 shares of restricted stock.
Documents
Issuer
GeoMet, Inc.
CIK 0001352302
Entity typeother
Related Parties
1- filerCIK 0001370430
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 3:23 PM ET
- Size
- 12.3 KB