Key facts
- This page summarizes Gates Capital Management, Inc.'s Form 4 filing for ION GEOPHYSICAL CORP.
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 Sep 2021, 17:23.
Gates Capital Management, Inc. - 21 Sep 2021 Form 4 Insider Report for ION GEOPHYSICAL CORP
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 21 Sep 2021
- Net transaction value
- -$450,284
- SEC form
- 4
- Accepted by SEC
- 23 Sep 2021, 17:23:58 UTC
- Prior SEC filing
- 20 Sep 2021
- Next SEC filing
- 05 Aug 2025
- Source filing
- View source filing
- Reporting owner signature
- Gates Capital Management, L.P., By: Gates Capital Management GP, LLC, its general partner, By: Gates Capital Management, Inc., its managing member, By: /s/ Jeffrey L. Gates, President
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gates Capital Management, Inc. filed Form 4 for ION GEOPHYSICAL CORP on 23 Sep 2021.
Change
- Previous filing in this sequence was filed on 20 Sep 2021.
- Current net transaction value: -$450,284.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IO
transaction
Common Stock, par value $0.01 per share ("Common Stock")
Sale
- Transaction value
- $137,892
- Shares
- -112,107
- Change %
- -3.4%
- Price
- $1.23
- Shares after
- 3,188,996
- Date
- 21 Sep 2021
- Ownership
- See footnote
- Footnotes
- F2
IO
transaction
Common Stock
Sale
- Transaction value
- $178,393
- Shares
- -135,146
- Change %
- -4.2%
- Price
- $1.32
- Shares after
- 3,053,850
- Date
- 22 Sep 2021
- Ownership
- See footnote
- Footnotes
- F1, F2
IO
transaction
Common Stock
Sale
- Transaction value
- $134,000
- Shares
- -100,000
- Change %
- -3.3%
- Price
- $1.34
- Shares after
- 2,953,850
- Date
- 23 Sep 2021
- Ownership
- See footnote
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Gates Capital Management, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote 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.
Footnote F2
Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds (the "Gates Capital Funds") directly holding the securities reported herein. Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital. Gates Capital Management, Inc. (the "Corporation"), is the managing member of the General Partner. Jeffrey L. Gates serves as President of the Corporation Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the securities reported herein. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interests therein, if any.