SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Vlasic Michael Andrew

(Last) (First) (Middle)
38710 WOODWARD AVENUE

(Street)
BLOOMFIELD HILLS MI 48304

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GEORESOURCES INC [ GEOI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/01/2011 S 24,400 D $32.0318(1)(2) 1,767,154 I By VILLCo Energy(3)(4)(5)
Common Stock 04/04/2011 S(6) 75,600 D $32.1749(2)(7) 1,691,554 I By VILLCo Energy(3)(4)(5)
Common Stock 1,585,203 I By Vlasic FAL, L.P.(3)(4)(5)
Common Stock 289,409 I By GRAT(5)(8)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Vlasic Michael Andrew

(Last) (First) (Middle)
38710 WOODWARD AVENUE

(Street)
BLOOMFIELD HILLS MI 48304

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VILLCo Energy, L.L.C.

(Last) (First) (Middle)
38710 WOODWARD AVE.

(Street)
BLOOMFIELD HILLS MI 48304

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VILLCo Management, L.L.C.

(Last) (First) (Middle)
38710 WOODWARD AVE.

(Street)
BLOOMFIELD HILLS MI 48304

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VILLCo Services, L.L.C.

(Last) (First) (Middle)
38710 WOODWARD AVE.

(Street)
BLOOMFIELD HILLS MI 48304

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The sales prices for the shares sold ranged from $32 to $32.18.
2. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, GeoResources, Inc. ("Issuer") or a stockholder of Issuer, full information regarding the number of shares sold at each separate price.
3. VILLCo Energy, L.L.C. ("VILLCo Energy"), a Michigan limited liability company, owns the 1,691,554 shares shown directly. In addition, VILLCo Energy is a limited partner of Vlasic FAL, L.P. ("Vlasic FAL"), a Texas limited partnership. Vlasic FAL owns 1,585,203 shares of Issuer. VILLCo Energy owns approximately 85% of the outstanding partnership interests of Vlasic FAL. Under Vlasic FAL's agreement of limited partnership, VILLCo Energy may remove the general partner of Vlasic FAL without the consent of the general partner. With respect to Vlasic FAL, Mr. Vlasic, on behalf of VILLCo Energy, shares voting power and investment power with the general partner of Vlasic FAL. (Continued in footnote 4)
4. The manager of VILLCo Energy is VILLCo Services, L.L.C. ("VILLCo Services"), a Michigan limited liability company. The manager of VILLCo Services is VILLCo Management, L.L.C. ("VILLCo Management"), a Michigan limited liability company. The managers of VILLCo Management are Michael A. Vlasic, James J. Vlasic, William J. Vlasic, Richard R. Vlasic and Paul A. Vlasic (the "Vlasics"). Under the VILLCo Management operating agreement, Michael Vlasic, as the executive manager thereof, has the power to vote the shares of Issuer common stock held by VILLCo Energy. The Vlasics, as the managers of VILLCo Management, by majority vote, have the power to dispose of the Issuer common stock held by VILLCo Energy.
5. Mr. Vlasic disclaims beneficial ownership of the shares of the Issuer held by Vlasic FAL, VILLCo Energy and the GRAT in excess of his pecuniary interest therein.
6. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on March 30, 2011.
7. The sales prices for the shares sold ranged from $32 to $32.37.
8. The shares reported by the GRAT represent the shares allocable to Mr. Vlasic of the shares reported in this Form 4 as beneficially owned by Vlasic FAL and VILLCo Energy.
/s/ VILLCo Energy, L.L.C. 04/05/2011
/s/ VILLCo Services, L.L.C. 04/05/2011
/s/ VILLCo Management, L.L.C. 04/05/2011
/s/ Fred B. Green, as attorney-in-fact, on behalf of Michael A. Vlasic, individually and in his capacity as, Executive Manager of VILLCo Management, L.L.C., which is the Manager of VILLCo Services, L.L.C., which is the Manager of VILLCo Energy, L.L.C. 04/05/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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