Filing Details

Accession Number:
0001431372-15-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-31 18:39:43
Reporting Period:
2015-03-31
Filing Date:
2015-03-31
Accepted Time:
2015-03-31 17:39:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1431372 Gastar Exploration Inc. GST Crude Petroleum & Natural Gas (1311) 383531640
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1348372 Russell J Porter 1331 Lamar Street, Suite 650
Houston TX 77010
Chief Executive Officer & Pres Yes Yes 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
Common Stock Disposition 2015-03-31 50,000 $2.64 1,883,525 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 150,000 Indirect Trust
Footnotes
  1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.59 to $2.68, inclusive. The reporting person undertakes to provide to Gastar Exploration Inc., any security holder of Gastar Exploration Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  2. Includes 525,684 shares acquired on various dates pursuant to previously reported restricted share grants that will vest subject to previously disclosed vesting schedules.
  3. On July 10, 2014, the reporting person gifted 150,000 shares to his children in trusts for which the reporting person acts as the trustee as follows: The James Breckenridge Porter Trust of 2014 - 37,500 shares, The Grant Anderson Porter Trust of 2014 - 37,500 shares, The Addison Ann Porter Trust of 2014 - 37,500 shares and The Lily Madeline Porter Trust of 2014 - 37,500 shares. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for the purposes of Section 16 or for any other purpose.