Gates Capital Management, Inc.'s Form 4 filing
Ion Geophysical Corp (IO) · filed Sep 23, 2021
- Accession no.
- 0000902664-21-004321
- Filed
- Sep 23, 2021, 5:23 PM ET
- Trade date
- Sep 21-23, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions. Open-market sales total $450.3K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gates Capital Management, Inc.CIK 0001312908 | 10% Owner |
| Gates Jeffrey LCIK 0001394416 | 10% Owner |
| Gates Capital Management, L.P.CIK 0001630228 | 10% Owner |
| Gates Capital Management GP, LLCCIK 0001714043 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 21, 2021 | Common Stock, par value $0.01 per share ("Common Stock") | SSaleDisposed | −112,107 | $1.23 | −$137,891.61 | 3,188,996 | Indirect | |
| Sep 22, 2021 | Common Stock | SSaleDisposed | −135,146 | $1.32F1 | −$178,392.72 | 3,053,850 | Indirect | |
| Sep 23, 2021 | Common Stock | SSaleDisposed | −100,000 | $1.34 | −$134,000 | 2,953,850 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.30 to $1.32, inclusive. The Reporting Persons undertake to provide to ION Geophysical Corporation (the "Issuer"), any security holder of the Issuer, 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 herein.
Referenced by the price of 1 transaction in Table I.