SEC Form 4 · accession 0000899243-16-017822
NATURAL GAS SERVICES GROUP INC · NGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Hazlett
Officer — Vice President-Technical Svcs.
Period of report
Apr 6, 2016
Accepted (ET)
Apr 8, 2016 · 7:16 pm EDT
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 | Apr 6, 2016 | A | 20,000 | $20.39 | D | 74,856 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $17.51 | holding | — | — | — | Sep 10, 2009 | Sep 10, 2018 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock Option (right to buy) | $17.74 | holding | — | — | — | Dec 9, 2010 | Dec 8, 2019 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (right to buy) | $17.81 | holding | — | — | — | Jan 25, 2012 | Jan 24, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The acquisition of the 20,000 shares of common stock reflects an award of restricted stock on April 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.