Forrest Michael C 4
4 · Global Geophysical Services Inc · Filed Jan 11, 2011
Insider Transaction Report
Form 4
Forrest Michael C
Director
Transactions
- Award
Common Stock
2011-01-07$10.00/sh+3,500$35,000→ 3,500 total
Holdings
- 190,000(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Transaction approved by Unanimous Consent of the Board of Directors of GGS, effective as January 7, 2011, under GGS' 2006 Incentive Compensation Plan, as part of the 2011 Director Compensation Package. These shares are subject to GGS' standard vesting requirements over 12 quarters, more specifically each recipient will receive 12.5% of the shares on the following dates: June 30, 2012, September 30, 2012, December 31, 2012, March 31, 2013, June 30, 2013, September 30, 2013, December 31, 2013, and March 31, 2014.