Gastar Exploration USA, Inc. 4
4 · Gastar Exploration USA, Inc. · Filed Feb 3, 2014
Insider Transaction Report
Form 4
Gastar Exploration USA, Inc.GSTPRAPRB
Selser John Michael SR
Director
Transactions
- Award
Bonus Stock Award (restricted share grant)
2014-01-30$5.80/sh+17,241$99,998→ 208,450 total - Tax Payment
Restricted Shares
2014-01-30$5.80/sh−7,500$43,500→ 200,950 total
Holdings
- 4,500
10.75% Series B Cumulative Preferred Securities
- 16,032
8.625% Series A Cumulative Preferred Securities
Footnotes (3)
- [F1]The bonus stock award vests in three equal annual installments beginning on 01/30/2015.
- [F2]In December 2010, the reporting person gifted 6,600 restricted shares to his minor children in trust for which the reporting person acts as the trustee as follows: John M. Selser, Jr. Trust - 3,300 shares; Eugenie Gardner Selser Trust - 3,300 shares. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or for any other purpose.
- [F3]Shares forfeited to meet tax obligation of restricted share vesting.