WAIT EARL R 4
4 · NATURAL GAS SERVICES GROUP INC · Filed Dec 29, 2010
Insider Transaction Report
Form 4
WAIT EARL R
VP/Accounting; Treasurer
Transactions
- Exercise/Conversion
Common Stock
2010-12-28$3.25/sh+9,000$29,250→ 12,597 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-12-28−9,000→ 0 totalExercise: $3.25From: 2003-04-23Exp: 2012-04-23→ Common Stock (9,000 underlying)
Holdings
- 5,000
Employee Stock Option (right to buy)
Exercise: $14.22From: 2007-11-21Exp: 2016-11-21→ Common Stock (5,000 underlying) - 10,000
Employee Stock Option (right to buy)
Exercise: $17.74From: 2010-12-09Exp: 2019-12-08→ Common Stock (10,000 underlying) - 11,384
Employee Stock Option (right to buy)
Exercise: $7.84From: 2010-03-17Exp: 2019-03-16→ Common Stock (11,384 underlying)
Footnotes (3)
- [F1]Includes 1,227 shares of common stock received pursuant to an award of restricted stock on January 4, 2010, pursuant to the Company's 2009 Restricted Stock/Unit Plan and is subject to forfeiture. The award vests one year from the grant date subject to the participant's continued employment with the Company and subject to accelerated vesting upon the death, disability or retirement of the participant, or upon a change in control of the Company.
- [F2]Granted pursuant to the Company's 1998 Stock Option Plan. The option vests and becomes exercisable in three equal annual installments beginning on the first anniversary of the grant date. Vesting accelerates under certain circumstances.
- [F3]Granted pursuant to the Company's 1998 Stock Option Plan. The option vests one year from the date of grant, although vesting accelerates if employment is terminated for any reason.