Girouard Kirk L 4/A

4/A · Global Geophysical Services Inc · Filed Feb 16, 2011

Form 4/AAmended

Period: 2010-04-27

V.P., South America

Transactions

Other
Class B Common Stock
2010-04-27−119,800→ 0 total
Other
Stock Option
2010-04-27+16,000→ 16,000 total
Exercise: $25.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (16,000 underlying)
Other
Common Stock
2010-04-27+379,800→ 379,800 total
Other
Stock Option
2010-04-27+16,000→ 16,000 total
Exercise: $30.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (16,000 underlying)
Other
Class A Common Stock
2010-04-27−260,000→ 0 total
Sale
Common Stock
2010-04-27$12.00/sh−18,722$224,664→ 361,078 total
Other
Stock Option
2010-04-27+8,000→ 8,000 total
Exercise: $15.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (8,000 underlying)
Other
Stock Option
2010-04-27+8,000→ 8,000 total
Exercise: $20.00From: 2008-06-30Exp: 2017-06-03→ Common Stock (8,000 underlying)

Footnotes (4)

[F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A and B Common Stock and Preferred Stock are converting, immediately and automatically, into shares of Common Stock, as part of a recapitalization of the issuer's capital stock structure.
[F2]As of the initial transaction date, 50% of these shares were vested. On June 30, 2010 an additional 25% vested and the final 25% will vest on June 30, 2011.
[F3]Pursuant to the reclassification discussed in footnote (1), these options now convert to Common Stock instead of Class B Common Stock, only if and when exercised.
[F4]This footnote is to clarify that, due to a clerical error, the Form 4 originally filed to report these transactions did not correctly reflect the number of shares held by the reporting person; more specifically, the number of Class B Common Stock was incorrectly reported as 119,900 instead of 119,800. As such, all subsequent transactions needed to be adjusted to indicate 100 shares less than previously reported.

Documents

1 file