JACKSON GARY D 4
4 · GMX RESOURCES INC · Filed Jul 5, 2012
Insider Transaction Report
Form 4
JACKSON GARY D
Vice President of Land
Transactions
- Tax Payment
Common Stock
2012-07-02$0.81/sh−9,323$7,598→ 105,990 total
Footnotes (1)
- [F1]In connection with the vesting of shares of restricted stock, the issuer withheld vested shares and agreed to satisfy the executive's withholding tax obligations in lieu of cash. The number of vested shares withheld was based on the average of the high and low price per share on July 2, 2012. The number of shares indicated in this Form 4 were acquired as treasury stock by the issuer.