SEC Form 4 · accession 0001209191-16-095068

Gastar Exploration Inc. · GST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior VP & COO

Period of report

Jan 30, 2016

Accepted (ET)

Feb 2, 2016 · 8:32 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
Common Stock^F1	Jan 30, 2016	F	80,494	$1.19	D	464,685	D
Common Stock^F2	Jan 30, 2016	M	89,080	$0.00	A	553,765	D
Common Stock^F3	Jan 30, 2016	F	31,092	$1.19	D	522,673	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
2013 Performance Based Units^F4	$0.00	Jan 30, 2016	M	44,540	D	—	Jan 30, 2016	Common Stock	44,540	0	D
2014 Performance Based Units^F5,F4	$0.00	Jan 30, 2016	J	14,368	D	—	Jan 30, 2017	Common Stock	14,368	14,367	D
2014 Performance Based Units^F6,F4	$0.00	Feb 2, 2016	J	14,367	D	—	Jan 30, 2017	Common Stock	14,367	0	D
2015 Performance Based Units^F6,F7	$0.00	Feb 2, 2016	J	145,833	D	—	Jan 30, 2018	Common Stock	145,833	0	D

F1Shares forfeited to meet tax obligation of restricted share vesting.
F2Common stock acquired as a result of the 2013 performance based unit award vesting at 200% of the target award based on Gastar's share price appreciation over the performance period.
F3Shares forfeited to meet tax obligation of performance based unit vesting.
F4These performance based units ("PBUs") vest ratably over a three-year performance period as previously reported.
F5These PBUs vested and forfeited as a result of the 2014 PBU award settling at 0% of the target award based on Gastar's share price depreciation over the performance period.
F6These PBUs were forfeited in conjunction with reporting person's retirement.
F7These PBUs vest in their entirety at the end of a three-year performance period as previously reported.