GMX RESOURCES INC 4
4 · GMX RESOURCES INC · Filed Sep 23, 2013
Insider Transaction Report
Form 4
Merrill James A
CFO, Secretary & Treasurer
Transactions
- Tax Payment
Common Stock
2013-06-03$0.25/sh−307$77→ 15,207 total - Tax Payment
Common Stock
2013-07-01$0.20/sh−1,237$254→ 13,970 total
Holdings
- 162(indirect: By IRA)
Common Stock
Footnotes (3)
- [F1]The number of shares has been adjusted to reflect GMX Resources Inc.'s 13-to-1 reverse stock split consummated on January 3, 2013.
- [F2]In connection with the vesting of shares of restricted stock, the issuer withheld vested shares and agreed to satisfy the executive's withholding tax obligations in lieu of cash. The number of vested shares withheld was based on the average of the high and low price per share on June 3, 2013. The number of shares indicated in the Form 4 were acquired as treasury stock by the issuer.
- [F3]In connection with the vesting of shares of restricted stock, the issuer withheld vested shares and agreed to satisfy the executive's withholding tax obligations in lieu of cash. The number of vested shares withheld was based on the average of the high and low price per share on July 1, 2013. The number of shares indicated in this Form 4 were acquired as treasury stock by the issuer.