X0202 4 2007-02-14 0 0000750813 SEITEL INC SELA 0001334321 Restrepo William J 10811 S. WESTVIEW CIRCLE DRIVE BUILDING C, SUITE 100 HOUSTON TX 77043 0 1 0 0 Exec VP, CFO Common Stock, par value $.01 2007-02-14 4 D 0 548555 D 0 D These shares of common stock include 483,243 shares of unvested restricted common stock which were vested in the merger. All shares were converted in the merger into (i) the right to receive a cash payment of $1,802,399.50, representing 487,135 shares of stock multiplied by $3.70, the consideration for shares of Seitel's common stock in the merger, and (ii) 580 shares of the common stock of Seitel Holdings, Inc., in exchange for 61,420 of the shares of common stock not converted into cash. /s/ William J. Restrepo by /s/ Marcia H. Kendrick 2007-02-16