Home > Insider Trading > Filing (0001140361-11-033110)

Filing Details

Accession Number:: 0001140361-11-033110
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-06-16 12:42:02
Reporting Period:: 2011-06-15

Filing Date:: 2011-06-16
Accepted Time:: 2011-06-16 12:42:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1086319	Gasco Energy Inc	GSX	Crude Petroleum & Natural Gas (1311)	980204105

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1186867	B Charles Crowell	6440 N. Central Expressway #503 Dallas TX 75206		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-06-15	416,667	$0.24	644,759	No	4	P	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Right to Buy	Acquisiton	2011-06-15	416,667	$0.00	312,500	$0.35

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
312,500	2011-06-15	2016-06-15	No	4	J	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	228,092	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Right to Buy	$1.00	2003-06-10	2013-02-10	100,000	100,000	Direct
Common Stock	Right to Buy	$1.00	2004-04-16	2013-12-16	50,000	50,000	Direct
Common Stock	Right to Buy	$2.15	2004-12-12	2014-08-12	100,000	100,000	Direct
Common Stock	Right to Buy	$3.39	2005-09-30	2015-06-09	125,000	125,000	Direct
Common Stock	Right to Buy	$1.80	2009-01-18	2013-09-18	100,000	100,000	Direct
Common Stock	Right to Buy	$1.00	2009-03-15	2013-12-15	31,250	31,250	Direct
Common Stock	Right to Buy	$0.52	2010-01-17	2014-09-17	175,000	175,000	Direct
Common Stock	Right to Buy	$0.35	2010-06-02	2020-03-02	175,000	175,000	Direct
Common Stock	Right to Buy	$0.36	2010-10-29	2015-06-29	60,000	60,000	Direct
Common Stock	Common Stock	$0.37	2011-04-23	2015-12-23	150,000	150,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2013-02-10	100,000	100,000	Direct
2013-12-16	50,000	50,000	Direct
2014-08-12	100,000	100,000	Direct
2015-06-09	125,000	125,000	Direct
2013-09-18	100,000	100,000	Direct
2013-12-15	31,250	31,250	Direct
2014-09-17	175,000	175,000	Direct
2020-03-02	175,000	175,000	Direct
2015-06-29	60,000	60,000	Direct
2015-12-23	150,000	150,000	Direct

Footnotes

Granted 100,000 options as compensation. These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 6/10/03, and all option expiring 2/10/2013.
Granted 50,000 options as compensation. These options vest over a 2 year period with 1/6th of the amount vesting every 4 months commencing 4/16/04, and all options expiring 12/16/2013.
Granted 100,000 options under the Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 12/12/04, and all options expiring 8/12/14.
Granted 125,000 options. These options vest over a one year period with 25% of the amount vesting each calendar quarter commencing 9/30/05, and all options expiring 6/9/2015.
Granted 100,000 options under the Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 1/18/09, and all options expiring 9/18/13.
Granted 31,250 options under Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 1 year period, with 1/4 of the amount vesting every 3 months commencing 3/15/09, and all options expiring 12/15/2013.
These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 1/17/2010, and all options expiring 9/17/2014.
Granted 175,000 options under the Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 1 year period, with 1/4 of the amount vesting every 3 months commencing 6/2/10, and all options expiring 3/2/2020.
Granted 60,000 options under the Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 2 year period, with 16th of the amount vesting every 4 months commencing 10/29/10, and all options expiring 6/29/15.
On 12/23/10, Mr. Crowell was granted a restricted stock award of 50,000 shares of the Issuer's common stock pursuant to the Issuer's 2003 Restricted Stock Plan. These shares are subject to forfeiture with Mr. Crowell having the right to retain 16,666 shares on or after 12/23/11, an additional 16,666 shares on or after 12/23/12, and the remaining 16,668 shares on or after 12/23/13.
Granted 150,000 options under the Issuer's 1999 Stock Option Plan, subject to stockholder approval. These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 4/23/11, and all options expiring 12/23/15.
Mr. Crowell purchased 416,667 units in Issuer's offering. Each unit consists of one share of common stock and a warrant to buy 0.75 of a share at $0.35.