MOUQUIN CHARLES H 4
4 · SEITEL INC · Filed Aug 30, 2004
Insider Transaction Report
Form 4
SEITEL INCSELA
MOUQUIN CHARLES H
Director
Transactions
- Exercise of In-Money
Common Stock Purchase Warrants
2004-07-28$0.60/sh−2,000$1,200→ 0 total(indirect: By Spouse)Exercise: $0.60From: 2004-07-02Exp: 2004-08-02→ Common Stock (9,825 underlying) - Exercise of In-Money
Common Stock Purchase Warrants
2004-07-28$0.60/sh−40,000$24,000→ 0 totalExercise: $0.60From: 2004-07-02Exp: 2004-08-02→ Common Stock (197,040 underlying) - Exercise of In-Money
Common Stock, par value $.01 per share
2004-07-28$0.60/sh+197,040$118,224→ 204,732 total - Exercise of In-Money
Common Stock, par value $.01 per share
2004-07-28$0.60/sh+9,852$5,911→ 11,852 total(indirect: By Spouse)
Footnotes (3)
- [F1]On 07/28/04, the Reporting Person exercised 40,000 common stock purchase warrants received pursuant to the Issuer's Third Amended Joint Plan of Reorganization, which became effective as of 07/02/04 (the "Effective Date). Each common stock purchase warrant represented the right to purchae 4.926 shares of the Issuer's reorganized common stock, at an exercise price of $.60 per share, exercisable at any time during the period commencing on the Effective Date and ending at 5:00 p.m., New York City time, on 08/02/04.
- [F2]On 7/28/04, the Reporting Person exercised 2,000 common stock purchase warrants, which were directly beneficially owned by his wife, received pursuant to the Issuer's Third Amended Joint Plan of Reorganization, which become effective as of 07/02/04 (the "Effective Date"). Each common stock purchase warrant represented the right to purchase 4.926 shares of the Issuer's reorganized common stock, at an exercise price of $.60 per share, exercisable at any time during the period commencing on the Effective Date and ending at 5:00 p.m., New York City time, on 08/02/04.
- [F3]The issuance of such common stock purchase warrants were exempt from Section 16 pursuant to Rule 16a-9.