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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1311486	Global Geophysical Services Inc	GGS	Oil & Gas Field Exploration Services (1382)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1480713	S Damir Skerl	C/O Global Geophysical Services, Inc. 13927 South Gessner Road Missouri City TX 77489		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class B Common Stock	Disposition	2010-04-27	233,450	$0.00	0	No	4	J	Direct
Common Stock	Acquisiton	2010-04-27	333,450	$0.00	333,450	No	4	J	Direct
Class B Common Stock	Disposition	2010-04-27	16,667	$0.00	0	No	4	J	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Acquisiton	2010-04-27	16,667	$0.00	16,667	No	4	J	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Disposition	2010-04-27	822	$12.00	15,845	No	4	S	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
Class B Common Stock	Disposition	2010-04-27	16,667	$0.00	0	No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Acquisiton	2010-04-27	16,667	$0.00	16,667	No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Disposition	2010-04-27	822	$12.00	15,845	No	4	S	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
Class B Common Stock	Disposition	2010-04-27	16,666	$0.00	0	No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Acquisiton	2010-04-27	16,666	$0.00	16,666	No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
Common Stock	Disposition	2010-04-27	822	$12.00	15,844	No	4	S	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Direct
No	4	J	Direct
No	4	J	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	J	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	S	Indirect	Christopher Robert Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	S	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	J	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee
No	4	S	Indirect	Matthew Phillip Skerl Grandchild Trust, Damir S. Skerl, Trustee

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Preferred Stock	Disposition	2010-04-27	100,000	$0.00	100,000	$0.00
Common Stock	Stock Option	Acquisiton	2010-04-27	10,000	$0.00	10,000	$15.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	J	Direct
10,000	2008-10-31	2017-10-28	No	4	J	Direct

Footnotes

Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A and B Common Stock and Preferred Stock are converting, immediately and automatically, into shares of Common Stock, as part of a recapitalization of the issuer's capital stock structure.
As of the filing date, 50% of these shares have vested. The remainder of these shares will vest 25% on each of the following dates; October 31, 2010 and October 31, 2011.
Pursuant to the reclassification discussed in footnote 1, these options now convert to Common Stock instead of Class B Common Stock, only if and when exercised.
The Convertible Preferred Stock is immediately exercisable and does not have an expiration date.