SEC Form 4 · accession 0001209191-15-028614
NATURAL GAS SERVICES GROUP INC · NGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Hughes Jr.
Director
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 7:27 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 19, 2015 | A | 5,492 | $18.75 | A | 17,720 | D | |
| Common Stock | Mar 19, 2015 | M | 2,500 | $16.96 | A | 20,220 | D | |
| Common Stock | Mar 19, 2015 | M | 2,500 | $13.90 | A | 22,720 | D | |
| Common Stock | holding | — | — | — | 110,500 | I | By the William and Cheryl Hughes Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy) | $16.96 | Mar 19, 2015 | M | 2,500 | D | Dec 30, 2005 | Dec 30, 2015 | Common Stock | 2,500 | 0 | D |
| Nonqualified Stock Option (right to buy) | $13.90 | Mar 19, 2015 | M | 2,500 | D | Jan 1, 2007 | Jan 1, 2017 | Common Stock | 2,500 | 0 | D |
| Nonqualified Stock Option (right to buy) | $19.61 | holding | — | — | — | Dec 31, 2007 | Dec 31, 2017 | Common Stock | 2,500 | 2,500 | D |
| Nonqualified Stock Option (right to buy) | $20.48 | holding | — | — | — | Mar 31, 2008 | Mar 18, 2018 | Common Stock | 2,500 | 2,500 | D |
| Nonqualified Stock Option (right to buy) | $16.74 | holding | — | — | — | Mar 31, 2010 | Mar 22, 2020 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The acquisition of the 5,492 shares of common stock reflects an award of restricted stock on March 19, 2015, pursuant to the Company's 2009 Restricted Stock/Unit Plan and Independent Director Compensation Policy. The award vests in installments of 1,373 shares beginning on March 31, 2016, with additional 1,373 share installments vesting on June 30, September 30 and December 31, 2016, although the award is also subject to accelerated vesting upon the death, disability or retirement of the recipient, or upon a change in control of the Company.