-----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, CKIKMaaTDz3hMUQpgH7diVUDSYb75SlmGQK7CjuLZBCB5nnFPskGsebnSKQS/BV7 MnaBp88W7Cb25ruSbvgsnQ== 0001015762-99-000001.txt : 19990209 0001015762-99-000001.hdr.sgml : 19990209 ACCESSION NUMBER: 0001015762-99-000001 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981031 FILED AS OF DATE: 19990208 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/A SEC ACT: SEC FILE NUMBER: 001-10165 FILM NUMBER: 99523313 BUSINESS ADDRESS: STREET 1: 50 BRIAR HOLLOW LN 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: CALVERT HORACE A CENTRAL INDEX KEY: 0001015762 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4/A 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/A 1 AMENDMENT TO OCTOBER 1998 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 Calvert, Horace A. | - --------------------------------------------------| Seitel, Inc. SEI (Last) (First) (Middle) | |----------------------------- | 3. IRS or Social Security 50 Briar Hollow Lane, West 7th Floor | Number of Reporting - --------------------------------------------------| Person(Voluntary) (Street) | | Houston, Texas 77027 | - --------------------------------------------------| (City) (State) (Zip) | - -------------------------------------------------------------------------------- 4. Statement for Month/Year October, 1998 - -------------------------------------------------------------------------------- 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) | X Officer Other | X Form filed by | ----- ----- | --- One Reporting 10/31/98 | (give title below) (specify below) | Person | | | Chief Operating Officer | 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, Par Value $.01 | 10/01/98 - ----------------------------------------------------|--------------------------- (b) Common Stock, Par Value $.01 | 10/02/98 - -------------------------------------------------------------------------------- 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) J (7) | | 45,169 | A | 11.0000 - -----------|----------------|------------------|--------------------|----------- (b) A | | 75,000 | A | 10.3125 - -------------------------------------------------------------------------------- 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) 526,696 | 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 | 2.7833 | - --------------------------------------------|----------------|------------------ (b) Options - Right To Buy | 12.5625 | - --------------------------------------------|----------------|------------------ (c) Options - Right To Buy | 12.6875 | - --------------------------------------------|----------------|------------------ (d) Options - Right To Buy | 20.50 | - --------------------------------------------|----------------|------------------ (e) Options - Right To Buy | 20.25 | - --------------------------------------------|----------------|------------------ (f) Options - Right To Buy | 20.00 | - --------------------------------------------|----------------|------------------ (g) Options - Right To Buy | 20.00 | - --------------------------------------------|----------------|------------------ (h) Options - Right To Buy | 19.5625 | - --------------------------------------------|----------------|------------------ (i) Options - Right To Buy | 19.40625 | - --------------------------------------------|----------------|------------------ (j) Options - Right To Buy | 19.50 | - --------------------------------------------|----------------|------------------ (k) Options - Right To Buy | 19.5625 | - --------------------------------------------|----------------|------------------ (l) Options - Right To Buy | 19.375 | - --------------------------------------------|----------------|------------------ (m) Options - Right To Buy | 17.1875 | - --------------------------------------------|----------------|------------------ (n) Options - Right To Buy | 17.25 | - --------------------------------------------|----------------|------------------ (o) Options - Right To Buy | 17.53125 | - --------------------------------------------|----------------|------------------ (p) Options - Right To Buy | 17.75 | - --------------------------------------------|----------------|------------------ (q) Options - Right To Buy | 17.78125 | - --------------------------------------------|----------------|------------------ (r) Options - Right To Buy | 17.84375 | - --------------------------------------------|----------------|------------------ (s) Options - Right To Buy | 17.90625 | - --------------------------------------------|----------------|------------------ (t) Options - Right To Buy | 17.96875 | - --------------------------------------------|----------------|------------------ (u) Options - Right To Buy | 17.6875 | - --------------------------------------------|----------------|------------------ (v) Options - Right To Buy | 17.5625 | - --------------------------------------------|----------------|------------------ (w) Options - Right To Buy | 17.75 | - --------------------------------------------|----------------|------------------ (x) Warrants - Right To Buy | 6.525 | - --------------------------------------------|----------------|------------------ (y) Warrants - Right To Buy | 12.00 | 10/15/98 - --------------------------------------------|----------------|------------------ (z) Warrants - Right To Buy | 20.50 | - --------------------------------------------|----------------|------------------ (aa) Warrants - Right To Buy | 11.75 | 10/02/98 - -------------------------------------------------------------------------------- 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 | 06/21/99 - -----------|-------|-------------|---------------|---------------|-------------- (b) | | | | 4 | 11/29/05 - -----------|-------|-------------|---------------|---------------|-------------- (c) | | | | 4 | 04/22/06 - -----------|-------|-------------|---------------|---------------|-------------- (d) | | | | 2 | 11/29/01 - -----------|-------|-------------|---------------|---------------|-------------- (e) | | | | 2 | 12/02/01 - -----------|-------|-------------|---------------|---------------|-------------- (f) | | | | 2 | 12/03/01 - -----------|-------|-------------|---------------|---------------|-------------- (g) | | | | 2 | 12/04/01 - -----------|-------|-------------|---------------|---------------|-------------- (h) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (i) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (j) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (k) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (l) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (m) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (n) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (o) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (p) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (q) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (r) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (s) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (t) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (u) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (v) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (w) | | | | 2 | 12/08/02 - -----------|-------|-------------|---------------|---------------|-------------- (x) | | | | 2 | 12/10/00 - -----------|-------|-------------|---------------|---------------|-------------- (y) A(6) | | 160,038 | | 3 | 04/11/00 - -----------|-------|-------------|---------------|---------------|-------------- (z) | | | | 5 | 11/20/02 - -----------|-------|-------------|---------------|---------------|-------------- (aa) A | | 75,000 | | 10/02/98 | 10/02/03 - -------------------------------------------------------------------------------- FORM 4 - Table II (continued) - -------------------------------------------------------------------------------- 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 | 28,024 | - -----------------------------------|----------------|--------------------------- (b) Common Stock | 100,000 | - -----------------------------------|----------------|--------------------------- (c) Common Stock | 50,000 | - -----------------------------------|----------------|--------------------------- (d) Common Stock | 14,412 | - -----------------------------------|----------------|--------------------------- (e) Common Stock | 32,650 | - -----------------------------------|----------------|--------------------------- (f) Common Stock | 33,006 | - -----------------------------------|----------------|--------------------------- (g) Common Stock | 6,430 | - -----------------------------------|----------------|--------------------------- (h) Common Stock | 71,082 | - -----------------------------------|----------------|--------------------------- (i) Common Stock | 9,600 | - -----------------------------------|----------------|--------------------------- (j) Common Stock | 8,200 | - -----------------------------------|----------------|--------------------------- (k) Common Stock | 2,000 | - -----------------------------------|----------------|--------------------------- (l) Common Stock | 1,000 | - -----------------------------------|----------------|--------------------------- (m) Common Stock | 24,000 | - -----------------------------------|----------------|--------------------------- (n) Common Stock | 39,400 | - -----------------------------------|----------------|--------------------------- (o) Common Stock | 1,000 | - -----------------------------------|----------------|--------------------------- (p) Common Stock | 1,000 | - -----------------------------------|----------------|--------------------------- (q) Common Stock | 3,000 | - -----------------------------------|----------------|--------------------------- (r) Common Stock | 200 | - -----------------------------------|----------------|--------------------------- (s) Common Stock | 2,400 | - -----------------------------------|----------------|--------------------------- (t) Common Stock | 3,000 | - -----------------------------------|----------------|--------------------------- (u) Common Stock | 700 | - -----------------------------------|----------------|--------------------------- (v) Common Stock | 10,000 | - -----------------------------------|----------------|--------------------------- (w) Common Stock | 2,300 | - -----------------------------------|----------------|--------------------------- (x) Common Stock | 265,380 | - -----------------------------------|----------------|--------------------------- (y) Common Stock | 160,038 | - -----------------------------------|----------------|--------------------------- (z) Common Stock | 200,000 | - -----------------------------------|----------------|--------------------------- (aa) Common Stock | 75,000 | - -------------------------------------------------------------------------------- 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) 28,024 | D | - ----------------------------|-----------------------|--------------------------- (b) 100,000 | D | - ----------------------------|-----------------------|--------------------------- (c) 50,000 | D | - ----------------------------|-----------------------|--------------------------- (d) 14,412 | D | - ----------------------------|-----------------------|--------------------------- (e) 32,650 | D | - ----------------------------|-----------------------|--------------------------- (f) 33,006 | D | - ----------------------------|-----------------------|--------------------------- (g) 6,430 | D | - ----------------------------|-----------------------|--------------------------- (h) 71,082 | D | - ----------------------------|-----------------------|--------------------------- (i) 9,600 | D | - ----------------------------|-----------------------|--------------------------- (j) 8,200 | D | - ----------------------------|-----------------------|--------------------------- (k) 2,000 | D | - ----------------------------|-----------------------|--------------------------- (l) 1,000 | D | - ----------------------------|-----------------------|--------------------------- (m) 24,000 | D | - ----------------------------|-----------------------|--------------------------- (n) 39,400 | D | - ----------------------------|-----------------------|--------------------------- (o) 1,000 | D | - ----------------------------|-----------------------|--------------------------- (p) 1,000 | D | - ----------------------------|-----------------------|--------------------------- (q) 3,000 | D | - ----------------------------|-----------------------|--------------------------- (r) 200 | D | - ----------------------------|-----------------------|--------------------------- (s) 2,400 | D | - ----------------------------|-----------------------|--------------------------- (t) 3,000 | D | - ----------------------------|-----------------------|--------------------------- (u) 700 | D | - ----------------------------|-----------------------|--------------------------- (v) 10,000 | D | - ----------------------------|-----------------------|--------------------------- (w) 2,300 | D | - ----------------------------|-----------------------|--------------------------- (x) 265,380 | D | - ----------------------------|-----------------------|--------------------------- (y) 160,038 | D | - ----------------------------|-----------------------|--------------------------- (z) 200,000 | D | - ----------------------------|-----------------------|--------------------------- (aa) 75,000 | D | - -------------------------------------------------------------------------------- Explanation of Responses: 1. Options have ten year terms, 50% exercisable on date of grant, 75% exercisable on second anniversary, 100% exercisable on third anniversary. 2. These warrants are exercisable upon grant. 3. These warrants are exercisable 90 days from date of grant. 4. Options issued 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. 5. Warrants have five year terms, 20% exercisable on date of grant. The remaining 80% are exercisable on the third anniversary of date of grant or, if earlier, in incremental installments of 20% of the total number of option shares for each 2-point increase in the market price of the company's stock above the exercise price which is maintained or exceeded for 10 consecutive trading days. 6. The expiration date of these warrants was originally 4/11/99. On October 15, 1998, the Company's Board of Directors approved a one year extension of the expiration date to 4/11/00 in accordance with Rule 16b-3. 7. These shares were acquired effective October 1, 1998, as a result of the purchase by DDD Energy, Inc., a wholly-owned subsidiary of Seitel, Inc., of property interests owned by various partnerships, of which the reporting person is a general partner, in exchange for shares of Seitel, Inc. common stock. /s/ Horace A. Calvert 02/05/99 --------------------------------- ----------- **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). -----END PRIVACY-ENHANCED MESSAGE-----