SEC Form 4 · accession 0001209191-17-061357
GEOSPACE TECHNOLOGIES CORP · GEOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter R. Wheeler
Officer — President & CEO · Director
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 10:02 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2017 | A | 18,500 | $0.00 | A | 82,425 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F1 | $21.42 | holding | — | — | — | — | Nov 16, 2026 | Common Stock | 13,700 | 13,700 | D |
| Option (right to buy)F1 | $14.87 | holding | — | — | — | — | Nov 18, 2025 | Common Stock | 18,400 | 18,400 | D |
| Options (right to buy)F2 | $21.945 | holding | — | — | — | — | Feb 25, 2020 | Common Stock | 20,000 | 20,000 | D |
| Options (right to buy)F3 | $8.78 | holding | — | — | — | — | Dec 5, 2018 | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1The performance option described in this line item is exercisable in installments upon the satisfaction of both (1) certain performance based vesting conditions relating to total shareholder return and (2) certain service based vesting conditions. Additional details regarding vesting and the form and terms of this performance option are available in the Company's Current Report on Form 8-K filed on November 20, 2015.
- F2This option vested in four equal annual installments beginning February 25, 2011 and is now fully exercisable.
- F3This option vested in four equal annual installments beginning February 5, 2012 and is now fully exercisable.