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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options--Right to Buy | $ 8.3 | 09/20/2007 | A | 82,623 (3) | 09/20/2008 | 09/19/2014 | Common Stock | 82,623 | $ 0 | 611,264 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sere J Darby 909 FANNIN STREET SUITE 1850 HOUSTON, TX 77010 |
X | President and CEO |
/s/ J. Darby Sere' | 12/20/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Consists of shares of restricted common stock. The vesting of the shares of restricted common stock is conditioned upon the achievement of certain performance targets by GeoMet, Inc. |
(2) | Includes 15,266 shares held as joint tenants with Mr. Sere's spouse. Does not include 13,551 shares held in the name of Mr. Sere's spouse, which shares had previously been reported as direct ownership rather than indirect ownership. |
(3) | Consists of nonqualified stock options to purchase 46,479 shares of common stock and incentive stock options to purchase 36,144 shares of common stock. The incentive stock options and 5,166 of the nonqualified stock options vest ratably over a two and one-half year period beginning on September 20, 2008. The vesting of the remaining nonqualified stock options is conditioned upon the achievement of certain performance targets by GeoMet, Inc. |