SEC Form 4 · accession 0001209191-15-080600
Gastar Exploration Inc. · GST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Michael Selser Sr.
Director
Period of report
Nov 16, 2015
Accepted (ET)
Nov 17, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001431372
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 16, 2015 | F | 20,845 | $1.46 | D | 193,109 | D | |
| Common StockF3 | holding | — | — | — | 6,600 | I | In trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares forfeited to meet tax obligation of restricted share vesting.
- F2All shares acquired pursuant to previously reported restricted share grants vested following the resignation of the reporting person as a director of the Issuer.
- F3In December 2010, the reporting person gifted 6,600 shares to his minor children in trust for which the reporting person acts as the trustee as follows: John M. Selser, Jr. Trust 3,300 shares; Eugenie Gardner Selser Trust 3,300 shares. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or for any other purpose.