-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KPTHJ9m+THFOYQHFbLYKMy1WyhOaSx6ILYk7bCs5ffehAGoiZnSj1c9RM9bw8+y4 DcCCnZx6OaQIFBoPpNs8Xg== 0000924745-96-000002.txt : 19961211 0000924745-96-000002.hdr.sgml : 19961211 ACCESSION NUMBER: 0000924745-96-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19961210 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEITEL INC CENTRAL INDEX KEY: 0000750813 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 760025431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10165 FILM NUMBER: 96678479 BUSINESS ADDRESS: STREET 1: 50 BRIAR HOLLOW LANE STREET 2: WEST BLDG 7TH FLR CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7136271990 MAIL ADDRESS: STREET 1: 50 BRIAR HOLLOW LANE WEST STREET 2: 7TH FLOOR CITY: HOUSTON STATE: TX ZIP: 77027 FORMER COMPANY: FORMER CONFORMED NAME: SEISMIC ENTERPRISES INC DATE OF NAME CHANGE: 19870814 COMPANY DATA: COMPANY CONFORMED NAME: PEARLMAN HERBERT M CENTRAL INDEX KEY: 0000924745 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 50 BRIAR HOLLOW LANE 7TH FL WEST CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7136271990 MAIL ADDRESS: STREET 2: 50 BRIAR HOLLOW LANE 7TH FL WEST CITY: HOUSTON STATE: TX ZIP: 77027 4 1 NOVEMBER 1996 FORM 4 - ----------- ----------------------------- | FORM 4 | | OMB APPROVAL | - ----------- |---------------------------| -- |Estimated average burden | | | Check this box if no longer |hours per response......0.5| -- subject to Section 16, Form 4 ----------------------------- or Form 5 obligations may continue. See Instruction 1(b). U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person | 2. Issuer Name and Ticker | or Trading Symbol Pearlman, Herbert M. | - --------------------------------------------------| Seitel, Inc. SEI (Last) (First) (Middle) | |----------------------------- | 3. IRS or Social Security 93 Mason Street | Number of Reporting - --------------------------------------------------| Person(Voluntary) (Street) | | Greenwich, CT 06830 | ###-##-#### - --------------------------------------------------| (City) (State) (Zip) | - -------------------------------------------------------------------------------- 4. Statement for Month/Year November, 1996 - -------------------------------------------------------------------------------- 5. If Amendment, | 6. Relationship of Reporting Person | 7. Individual or Date of | to Issuer (Check all applicable) | Joint/Group Original | X Director 10% Owner | Filing (Month/Day/ | ----- ----- | Year) | Officer Other | X Form filed by | ----- ----- | --- One Reporting | (give title below) (specify below) | Person | | | | Form filed by | | --- more than One | | Reporting Person - -------------------------------------------------------------------------------- Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - -------------------------------------------------------------------------------- 1. Title of Security | 2. Transaction Date (Instr. 3) | (Month/Day/Year) - ----------------------------------------------------|--------------------------- (a) Common Stock | 11/26/96 - ----------------------------------------------------|--------------------------- (b) | 11/26/96 - ----------------------------------------------------|--------------------------- (c) | 11/26/96 - ----------------------------------------------------|--------------------------- (d) | 11/26/96 - ----------------------------------------------------|--------------------------- (e) | 11/26/96 - ----------------------------------------------------|--------------------------- (f) | 11/27/96 - ----------------------------------------------------|--------------------------- (g) | 11/27/96 - ----------------------------------------------------|--------------------------- (h) | 11/27/96 - ----------------------------------------------------|--------------------------- (i) | 11/27/96 - ----------------------------------------------------|--------------------------- (j) | 11/27/96 - ----------------------------------------------------|--------------------------- (k) | 11/27/96 - ----------------------------------------------------|--------------------------- (l) | 11/29/96 - ----------------------------------------------------|--------------------------- (m) | 11/29/96 - ----------------------------------------------------|--------------------------- (n) | 11/29/96 - ----------------------------------------------------|--------------------------- (o) | 11/29/96 - ----------------------------------------------------|--------------------------- (p) | 11/29/96 - ----------------------------------------------------|--------------------------- (q) | 11/29/96 - -------------------------------------------------------------------------------- FORM 4 - Table I (continued) - -------------------------------------------------------------------------------- 3. Transaction Code | 4. Securities Acquired (A) or Disposed of (D) (Instr. 8) | (Instr. 3, 4 and 5) | - ----------------------------|--------------------------------------------------- Code | V | Amount | (A) or (D) | Price - -----------|----------------|------------------|--------------------|----------- (a) C | | 1,223 | A | 13.1886 - -----------|----------------|------------------|--------------------|----------- (b) S | | 335 | D | 43.000 - -----------|----------------|------------------|--------------------|----------- (c) S | | 66 | D | 42.750 - -----------|----------------|------------------|--------------------|----------- (d) S | | 133 | D | 42.625 - -----------|----------------|------------------|--------------------|----------- (e) S | | 689 | D | 42.500 - -----------|----------------|------------------|--------------------|----------- (f) C | | 650 | A | 13.1886 - -----------|----------------|------------------|--------------------|----------- (g) S | | 172 | D | 41.625 - -----------|----------------|------------------|--------------------|----------- (h) S | | 186 | D | 41.500 - -----------|----------------|------------------|--------------------|----------- (i) S | | 225 | D | 41.375 - -----------|----------------|------------------|--------------------|----------- (j) S | | 27 | D | 41.125 - -----------|----------------|------------------|--------------------|----------- (k) S | | 40 | D | 41.000 - -----------|----------------|------------------|--------------------|----------- (l) C | | 4,415 | A | 13.1886 - -----------|----------------|------------------|--------------------|----------- (m) S | | 584 | D | 41.000 - -----------|----------------|------------------|--------------------|----------- (n) S | | 2,837 | D | 40.875 - -----------|----------------|------------------|--------------------|----------- (o) S | | 610 | D | 40.750 - -----------|----------------|------------------|--------------------|----------- (p) S | | 106 | D | 40.625 - -----------|----------------|------------------|--------------------|----------- (q) S | | 278 | D | 40.500 - -------------------------------------------------------------------------------- FORM 4 - Table I (continued) - -------------------------------------------------------------------------------- 5. Amount of Securities | 6. Ownership Form: | 7. Nature of Indirect Beneficially Owned | Direct (D) or | Beneficial at End of Month | Indirect (I) | Ownership (Instr. 3 and 4) | (Instr. 4) | (Instr. 4) - ---------------------------|------------------------|--------------------------- (a) | | - ---------------------------|------------------------|--------------------------- (b) | | - ---------------------------|------------------------|--------------------------- (c) | | - ---------------------------|------------------------|--------------------------- (d) | | - ---------------------------|------------------------|--------------------------- (e) | | - ---------------------------|------------------------|--------------------------- (f) | | - ---------------------------|------------------------|--------------------------- (g) | | - ---------------------------|------------------------|--------------------------- (h) | | - ---------------------------|------------------------|--------------------------- (i) | | - ---------------------------|------------------------|--------------------------- (j) | | - ---------------------------|------------------------|--------------------------- (k) | | - ---------------------------|------------------------|--------------------------- (l) | | - ---------------------------|------------------------|--------------------------- (m) | | - ---------------------------|------------------------|--------------------------- (n) | | - ---------------------------|------------------------|--------------------------- (o) | | - ---------------------------|------------------------|--------------------------- (p) | | - ---------------------------|------------------------|--------------------------- (q) 124,428 | D | - -------------------------------------------------------------------------------- Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) - -------------------------------------------------------------------------------- 1. Title of Derivative Security | 2. Conversion | 3. Transaction (Instr. 3) | or Exercise| Date (Month/ | Price of | Day/Year) | Derivative | | Security | - --------------------------------------------|----------------|------------------ (a) Options - Right To Buy | 25.125 | - --------------------------------------------|----------------|------------------ (b) Employee Warrants | 24.00 | - --------------------------------------------|----------------|------------------ (c) Contract Warrants - A | 13.1886 | 11/26/96 | | 11/27/96 | | 11/29/96 - --------------------------------------------|----------------|------------------ (d) Contract Warrants - B | 13.05 | - --------------------------------------------|----------------|------------------ (e) Employee Warrants | 32.00 | - -------------------------------------------------------------------------------- FORM 4 - Table II (continued) - -------------------------------------------------------------------------------- 4. Transaction | 5. Number of Derivative | 6. Date Exercisable and Code | Securities Acquired | Expiration Date (Instr. 8) | | (Month/Day/Year) - -------------------|-----------------------------|------------------------------ T | V | (A) | (D) | Date | Expiration | | | | Exercisable | Date - -----------|-------|-------------|---------------|---------------|-------------- (a) | | | | (1) | 11/29/05 - -----------|-------|-------------|---------------|---------------|-------------- (b) | | | | 7/11/94 | 4/11/99 - -----------|-------|-------------|---------------|---------------|-------------- (c) C | | | 1,223 | 12/10/90 | 12/10/97 C | | | 650 | | C | | | 4,415 | | - -----------|-------|-------------|---------------|---------------|-------------- (d) | | | | 12/10/90 | 12/10/00 - -----------|-------|-------------|---------------|---------------|-------------- (e) | | | | 4/28/95 | 4/28/00 - -------------------------------------------------------------------------------- 7. Title and Amount of Underlying | 8. Price of Securities (Instr. 3 and 4) | Derivative - ----------------------------------------------------| Security Title |Amount or Number| (Instr. 5) | of Shares | - -----------------------------------|----------------|--------------------------- (a) Common Stock | 50,000 | - -----------------------------------|----------------|--------------------------- (b) Common Stock | 86,063 | - -----------------------------------|----------------|--------------------------- (c) Common Stock | 1,223 | | 650 | | 4,415 | - -----------------------------------|----------------|--------------------------- (d) Common Stock | 79,614 | - -----------------------------------|----------------|--------------------------- (f) Common Stock | 40,000 | - -------------------------------------------------------------------------------- FORM 4 - Table II (continued) - -------------------------------------------------------------------------------- 9. Number of Derivative | 10. Ownership Form | 11. Nature of Indirect Securities Beneficially| of Derivative | Beneficial Owned at End of Month | Security: Direct | Ownership (Instr. 4) | (D) or Indirect | (Instr. 4) | (I) (Instr. 4) | - ----------------------------|-----------------------|--------------------------- (a) 50,000 | D | - ----------------------------|-----------------------|--------------------------- (b) 86,063 | D | - ----------------------------|-----------------------|--------------------------- (c) 33,326 | D | - ----------------------------|-----------------------|--------------------------- (d) 79,614 | D | - ----------------------------|-----------------------|--------------------------- (e) 40,000 | D | - -------------------------------------------------------------------------------- Explanation of Responses: 1. Options have ten year terms, 0% exercisable on date of grant, 33% exercisable on first anniversary, 66% exercisable on second anniversary, and 100% exercisable on third anniversary. /s/ Herbert M. Pearlman by Marcia H. Kendrick 12/09/96 --------------------------------- ----------- **Signature of Reporting Person Date ** Intentional misstatements or omission of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). EX-99.B11 2 SIGNATURE AUTHORIZATION FOR HERB PEARLMAN AUTHORIZATION The undersigned, Herbert M. Pearlman hereby authorizes Marcia Kendrick to execute any Form 3, Form 4, or Form 5 to be filed with the Securities and Exchange Commission with respect to Seitel, Inc. for a period of one year from the date hereof. Date: August 1, 1996 /s/ Herbert M. Pearlman ------------------------------ Herbert M. Pearlman -----END PRIVACY-ENHANCED MESSAGE-----