USELTON KENNETH W 4
4 · TGC INDUSTRIES INC · Filed Oct 19, 2004
Insider Transaction Report
Form 4
USELTON KENNETH W
Secretary and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2004-10-18$0.75/sh+4,000$3,000→ 9,224 total - Exercise/Conversion
Stock Option
2004-10-18$0.75/sh−4,000$3,000→ 0 totalExercise: $0.75From: 2000-10-20Exp: 2004-10-19→ Common Stock (4,000 underlying)
Holdings
- 6,000
Stock Option
Exercise: $0.80From: 2005-02-20Exp: 2009-02-19→ Common Stock (6,000 underlying)
Footnotes (1)
- [F1]Stock options are exercisable as follows: one-third exercisable after twelve months from date of grant; two-thirds exercisable after twenty-four months from date of grant; and all exercisable after thirty-six months from date of grant.