UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | 10/29/2012 | 10/28/2018 | Common Stock, $.01 par value per share | 44,445 (2) | $ 12.32 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Holcomb James Michael 450 GEARS ROAD, SUITE 500 HOUSTON, TX 77067 |
 |  |  President-Drilling Subsidiary |  |
By Gregory W. Pipkin pursuant to a Limited Power of Attorney filed with the SEC on 1/6/2012./s/Gregory W. Pipkin | 01/06/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 58,334 shares of restricted stock. 28,334 of these shares will vest on June 9, 2012; 20,000 of these shares will vest on June 9, 2013; and 10,000 of these shares will vest on June 9, 2014. |
(2) | As of January 1, 2012, options for 16,668 shares are fully vested. The remaining options for 27,777 shares will vest in equal monthly installments from January 29, 2012 through October 29, 2012. |