SEC Form 4 · accession 0001084991-18-000020
NATURAL GAS SERVICES GROUP INC · NGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Larry Lawrence
Officer — Chief Financial Officer
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 5:03 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 | Mar 15, 2018 | A | 16,000 | $24.55 | A | 55,478 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 15, 2018 | A | 4,000 | A | — | — | Common Stock | 4,000 | 4,000 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option | $17.81 | holding | — | — | — | Jan 25, 2012 | Jan 24, 2021 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The 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.
- F2Not 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.
- F3The 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.
- F4Not Applicable. Each Restricted Stock Unit represents a right to receive one share of Company common stock upon vesting without payment.