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 | ||||
Employee Stock Option (Right to Buy) | Â (2) | 01/16/2022 | Common Stock | 20,000 | $ 2.67 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
JANSEN PAUL FRANCISCUS C/O CRIMSON EXPLORATION INC. 717 TEXAS AVE., SUITE 2900 HOUSTON, TX 77002 |
 |  |  Controller/Chief Acctg Officer |  |
/s/ John A. Thomas | 03/11/2013 | |
**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 10,400 shares of restricted stock of the Issuer granted pursuant to the Issuer's Long-Term Incentive Compensation Plan. Of these 10,400 shares of restricted stock, 25% will vest on each of March 8, 2014, 2015, 2016 and 2017 should the reporting person remain an employee of the Issuer on the pertinent vesting date absent earlier vesting pursuant to the terms of the stock award agreement. |
(2) | The reported stock option shares will become vested and exercisable with respect to 15% of the shares on the first anniversary of the date of grant (i.e. January 16, 2012) and thereafter at the end of each full succeeding year as follows: 25% on the second anniversary, 25% on the third anniversary and 35% on the fourth anniversary at which time the stock option shares will be fully vested and exercisable with respect to 100% of such shares. |
 Remarks: This Form 3 has been signed by John A. Thomas, Secretary for Crimson Exploration Inc., on behalf of Mr. Jansen pursuant to an instrument of Power of Attorney dated March 8, 2013.  The authority granted pursuant to such instrument is to remain in full force and effect until rescinded in writing by Mr. Jansen. |