Filing Details
- Accession Number:
- 0001446732-10-000078
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-12-16 12:42:56
- Reporting Period:
- 2010-12-14
- Filing Date:
- 2010-12-16
- Accepted Time:
- 2010-12-16 12:42:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 314606 | Geokinetics Inc | GOK | Crude Petroleum & Natural Gas (1311) | 941690082 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 902053 | Asa Services Geo Petroleum | Strandveien 4 P.o. Box 89 N-1326 Lysaker Q8 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Series D Junior Preferred Stock | Acquisiton | 2010-12-14 | 40,000 | $0.00 | 40,000 | No | 4 | P | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant to Purchase Common Stock (right to buy) | Acquisiton | 2010-12-14 | 1,165,000 | $0.00 | 1,165,000 | $9.64 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,165,000 | 2010-12-14 | 2016-12-15 | No | 4 | P | Direct |
Footnotes
- Pursuant to the Series D and Warrant Purchase Agreement dated as of December 14, 2010 (the "Purchase Agreement") by and among Geokinetics Inc. ("Geokinetics"), Petroleum Geo-Services ASA ("PGS ASA"), Petroleum Geo-Services, Inc. ("PGS Inc.") and the other purchasers identified therein, (i) PGS Inc. purchased 40,000 shares of Series D Junior Preferred Stock of Geokinetics (the "Series D Preferred Stock") and (ii) PGS ASA purchased warrants to purchase up to 1,165,000 shares of Common Stock of Geokinetics (the "Warrants") in exchange for the aggregate purchase price of $10,000,000. On or before December 31, 2010, an allocation of the purchase price between the Series D Preferred Stock and the Warrants will be determined among the parties to the Purchase Agreement.
- The Series D Preferred Stock is owned directly by PGS Inc., and indirectly by PGS ASA as the parent of PGS Inc.
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