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Filing Details

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
1008024	R William Ziegler	Satterlee Stephens Burke &Amp; Burke Llp 230 Park Avenue, 11Th Floor New York NY 10169		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
Series D Nonconvertible Junior Preferred Stock	Acquisiton	2010-12-14	4,000	$0.00	4,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrants (right to buy)	Acquisiton	2010-12-14	116,500	$0.00	116,500	$9.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
116,500	2010-12-14	2016-12-15	No	4	P	Direct

Footnotes

The aggregate purchase price for the 4,000 shares of Series D Preferred Stock and the warrants to purchase 116,500 shares of Geokinetics Inc.'s common stock was $1,000,000. On or before December 31, 2010, under the terms of the Series D and Warrant Purchase Agreement, dated December 14, 2010, Geokinetics Inc. and the purchasers named therein (including Mr. Ziegler) are to mutually agree on an allocation of the purchase price between the Series D Preferred Stock and the warrants.
The exercise price of the warrants is $9.64 per share, subject to adjustment as described therein.