Malone Philip G 4
4 · GeoMet, Inc. · Filed Mar 25, 2009
Insider Transaction Report
Form 4
GeoMet, Inc.GMET
Malone Philip G
DirectorSenior VP - Exploration
Transactions
- Award
Stock Options (right to buy)
2009-03-23−51,687→ 51,687 totalExercise: $0.72From: 2010-03-23Exp: 2016-03-22→ Common Stock (51,687 underlying) - Purchase
Common Stock
2009-03-24$0.73/sh+10,000$7,300→ 502,665 total
Holdings
- 443,684(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Includes 21,579 restricted shares of GeoMet, Inc. common stock.
- [F2]Consists of nonqualified stock options to purchase 15,507 shares of common stock and incentive stock options to purchase 36,180 shares of common stock. The incentive stock options vest ratably over a three year period beginning on March 23, 2010. The vesting of the nonqualified stock options is conditioned upon the achievement of certain performance targets by GeoMet, Inc.