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Home > Insider Trading > Filing (0001209191-10-058198)

Filing Details

Accession Number:: 0001209191-10-058198
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-12-03 12:09:25
Reporting Period:: 2010-11-29

Filing Date:: 2010-12-03
Accepted Time:: 2010-12-03 12:09:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
866609	Ion Geophysical Corp	IO	Oil & Gas Field Exploration Services (1382)	222286646

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1228756	L Michael Morrison	2105 Citywest Boulevard Suite 400 Houston TX 77042-2839	Vp & Corp Controller	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-11-29	2,500	$6.83	13,664	No	4	S	Direct
Common Stock	Disposition	2010-12-01	478	$7.66	13,186	No	4	F	Direct
Common Stock	Acquisiton	2010-12-01	4,000	$0.00	17,186	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	F	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee stock option (right to buy)	Acquisiton	2010-12-01	16,000	$7.19	16,000	$7.19

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,000		2020-12-01	No	4	A	Direct

Footnotes

Issued pursuant to the ION Geophysical Corporation 2004 Long-term Incentive Plan.
The option becomes exercisable in four equal annual installments beginning on the first anniversary of the transaction date specified in Column 3.