SEC Form 4/A · accession 0000899243-16-012897
NATURAL GAS SERVICES GROUP INC · NGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Stephen Charles Taylor
Officer — President and CEO · Director
Period of report
Jan 6, 2016
Accepted (ET)
Feb 9, 2016 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084991
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 6, 2016 | A | 75,915 | $22.13 | A | 332,543 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonstatutory Stock Option (right to buy) | $14.22 | holding | — | — | — | Nov 21, 2007 | Nov 21, 2016 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy) | $20.06 | holding | — | — | — | Jan 15, 2009 | Jan 15, 2018 | Common Stock | 40,000 | 40,000 | D |
| Employee Stock Option (right to buy) | $17.51 | holding | — | — | — | Sep 10, 2009 | Sep 10, 2018 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option (right to buy) | $9.95 | holding | — | — | — | Jan 28, 2010 | Jan 28, 2019 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock Option (right to buy) | $7.84 | holding | — | — | — | Mar 17, 2010 | Mar 16, 2019 | Common Stock | 23,852 | 23,852 | D |
| Employee Stock Option (right to buy) | $19.90 | holding | — | — | — | Jan 18, 2011 | Jan 17, 2020 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1This amendment is being filed for the sole purpose of correcting an inadvertent mistake in the original Form 4 regarding the vesting terms of the restricted stock award. The correct vesting terms are set forth in footnote #2 below.
- F2The acquisition of the 75,915 shares of common stock reflects an award of restricted stock on January 6, 2016, pursuant to the Company's 2009 Restricted Stock/Unit Plan. Fifty percent (50%) of the shares underlying the award vest upon the first anniversary of the grant date and the remaining 50% of the shares vest on the second anniversary, subject to the participant's continued employment with the Company and subject to accelerated vesting upon the death, disability or retirement of the participant, or upon a change in control of the Company.