12 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director G Thomas Marsh bought 50,000 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director Theodore H Elliott Jr. bought 85,000 shares on the open market at $0.91.
5 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director James M Lapeyre Jr. bought 440,000 shares on the open market at $0.92.
5 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director Franklin Myers bought 25,000 shares on the open market at $0.92.
4 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director Nicholas G Vlahakis received 20,000 shares as part of the equity award.
4 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP SVP-Gen Counsel & Corp Sec'y David L Roland bought 6,000 shares on the open market at $0.90.
4 Mar 2009director interest notice● Neutral
ION GEOPHYSICAL CORP director G Thomas Marsh received 20,000 shares as part of the equity award.
17 Feb 2009substantial holder notice● Neutral
Fletcher Asset Management, Inc, Fletcher International, Ltd, Alphonse Fletcher, Jr reported a ION GEOPHYSICAL CORP shareholding of 9,669,434 shares (8.90% of votes) in a periodic institutional filing.
13 Feb 2009substantial holder notice● Neutral
ClearBridge Advisors, LLC reported a ION GEOPHYSICAL CORP shareholding of 4,455,206 shares (4.48% of votes) in a periodic institutional filing.
10 Feb 2009substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management LLC, Neuberger Berman Equity Funds reported a ION GEOPHYSICAL CORP shareholding of 1,494,080 shares (1.50% of votes) in a periodic institutional filing.
10 Feb 2009substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management LLC, Neuberger Berman Equity Funds reported a ION GEOPHYSICAL CORP shareholding of 7,904,745 shares (7.93% of votes) in a periodic institutional filing.
5 Feb 2009substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other disclosed a new substantial ION GEOPHYSICAL CORP shareholding (4.02% of votes).
7 Jan 2009listing compliance notice▲ GoodMajor
the New York Stock Exchange certified ION GEOPHYSICAL CORP's securities for listing, clearing them to begin trading.
5 Jan 2009security holder rights change▼ BadMajor
ION refinanced the debt taken on for the September 2008 ARAM acquisition: a new $40.8 million Bridge Loan from Jefferies replaced the short-term note, the $35.0 million senior seller note was restated as a subordinated note now due September 2013 (previously September 2009), and the $10.0 million subordinated seller note was cancelled in exchange for a Canadian tax refund claim. The planned $175 million senior notes offering could not be completed because of credit market conditions, so ION repaid $72.0 million of revolver debt from its own cash. The senior credit facility was amended again, including higher interest margins (175 to 287.5 basis points) and permission to adopt a shareholder rights plan. The $35.0 million purchase price escrow was ended and the sellers released from certain indemnity obligations.
19 Dec 2008securities registration● Neutral
ION GEOPHYSICAL CORP filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
19 Dec 2008securities registration● Neutral
ION GEOPHYSICAL CORP filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
11 Dec 2008director interest notice● Neutral
Nicholas G Vlahakis became a ION GEOPHYSICAL CORP director and company insider (initial ownership filing).
11 Dec 2008director interest notice● Neutral
G Thomas Marsh became a ION GEOPHYSICAL CORP director and company insider (initial ownership filing).
4 Dec 2008security holder rights change● NeutralMajor
ION's 20-day average share price ($4.3280) fell below the $4.4517 minimum in its agreement with Fletcher International, which holds all of its Series D preferred stock. ION chose to reset the conversion price to $4.4517 and end Fletcher's right to redeem the preferred, so dividends must now be paid in cash. Fletcher also gave notice raising the cap on shares it can receive to 9,669,434 from Feb 1, 2009 (about 8.85% of outstanding common stock).
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP Chief Exec Officer Robert P Peebler received a stock option grant for 180,000 shares.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP director S James Nelson received 12,000 shares as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP SVP-Commercial Development Chris Friedemann received 10,000 shares and a 40,000-share option grant as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP director Franklin Myers received 12,000 shares as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP insider Charles J Ledet had 2,078 shares withheld for taxes on vesting stock.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP VP & Corp Controller Michael L Morrison received 1,000 shares and a 10,000-share option grant as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP director John N Seitz received 12,000 shares as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP director Theodore H Elliott Jr. received 12,000 shares as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP EVP-Global Bus Dev Tengbeng Koid received 15,000 shares and a 40,000-share option grant as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP SVP-Gen Counsel & Corp Sec'y David L Roland received 10,000 shares and a 30,000-share option grant as part of the equity award.
3 Dec 2008director interest notice● Neutral
ION GEOPHYSICAL CORP SVP, Tax and Treasurer Robert Davis Maxey received 1,500 shares and a 17,000-share option grant as part of the equity award.