SEC Form 4 · accession 0001209191-16-116542
ION GEOPHYSICAL CORP · IO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Lapeyre Jr.
Director
Period of report
Apr 28, 2016
Accepted (ET)
Apr 29, 2016 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 28, 2016 | A | 20,000 | — | A | 157,773 | D | |
| Common Stock | holding | — | — | — | 581,309 | I | Shares held by Laitram, LLC | |
| Common Stock | holding | — | — | — | 699 | I | Co-Trustee for Children | |
| Common Stock | holding | — | — | — | 32,850 | I | Joint account with adult child (J) | |
| Common Stock | holding | — | — | — | 32,850 | I | Joint account with adult child (K) | |
| Common Stock | holding | — | — | — | 33,702 | I | Joint account with adult child (S) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired 20,000 shares of Common Stock in exchange for $2,000,000 in aggregate principal amount of the Company's 8.125% Senior Secured Second Priority Notes due 2018 exchanged by the reporting person pursuant to an issuer exchange offer.
Remarks
The reporting person disclaims beneficial ownership of all securities shown as indirectly owned by him.