SEC Form 4 · accession 0001084991-18-000019
NATURAL GAS SERVICES GROUP INC · NGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Charles Taylor
Officer — Chief Executive Officer · Director
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 4:42 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 StockF4 | Mar 15, 2018 | A | 56,749 | $24.55 | A | 316,662 | D | |
| Common Stock | holding | — | — | — | 21,139 | I | By Rabbi Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 15, 2018 | A | 27,951 | A | — | — | Common Stock | 27,951 | 27,951 | D |
| Restricted Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 42,279 | 42,279 | D |
| Employee Stock Option | $17.51 | holding | — | — | — | Sep 10, 2009 | Sep 10, 2018 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock Option | $9.95 | holding | — | — | — | Jan 28, 2010 | Jan 28, 2019 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock Option | $7.84 | holding | — | — | — | Mar 17, 2010 | Mar 16, 2019 | Common Stock | 23,852 | 23,852 | D |
| Employee Stock Option | $19.90 | holding | — | — | — | Jan 18, 2011 | Jan 17, 2020 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Not Applicable. The acquisition reflects an award of Restricted Stock Units ("RSU") pursuant to the Company's 2009 Restricted Stock/Unit Plan, as amended. Each RSU represents the right to receive one share of the Company's common stock upon vesting without payment.
- F2Not Applicable. The RSU award vests in one-third annual increments beginning upon the first anniversary of the grant date, subject to the reporting person's continued employment with the Company and subject to accelerated vesting upon death or disability of the reporting person, or upon certain change in control events.
- F3Not Applicable. Each Restricted Stock Unit represents a right to receive one share of Company common stock upon vesting without payment.
- F4The acquisition reflects an award of Restricted Stock pursuant to the Company's 2009 Restricted Stock/Unit Plan, as amended. The award vests in one-third annual increments beginning upon the first anniversary of the grant date, subject to the reporting person's continued employment with the Company and subject to accelerated vesting upon death or disability of the reporting person, or upon certain change in control events.