Sere J Darby 4
4 · GeoMet, Inc. · Filed Oct 17, 2011
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Sere J Darby
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2011-10-14−36,378→ 83,148 totalExercise: $0.72From: 2010-03-23Exp: 2016-03-22→ Common Stock (36,378 underlying) - Exercise/Conversion
Common Stock
2011-10-14$0.72/sh+36,378$26,192→ 589,799 total
Holdings
- 119,557(indirect: By GRAT)
Common Stock
- 119,557(indirect: By Spouse)
Common Stock
- 256,231(indirect: By Partnership)
Common Stock
- 97,236(indirect: By Foundation)
Common Stock
- 1,900(indirect: By Spouse)
Common Stock
- 1,997(indirect: By Controlled Corporation)
Common Stock
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F2]70% of the options are incentive stock options that become exercisable in three installments. The first two installments of 36,378 shares of common stock each became exercisable on March 23, 2010 and March 23, 2011, respectively. The third installment will become exercisable on March 23, 2012. 30% of the options are non-qualified stock options that vest upon achievement of certain performance targets by the registrant.