-----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, PdcZ/2wGY32lfTElhEG79elgcrsM6hZrsiUYBFDIwb8U/7DMPMWghlNJrHxbFEXg pdX3jEOler+1KGofwpPpgQ== 0001015768-97-000001.txt : 19970221 0001015768-97-000001.hdr.sgml : 19970221 ACCESSION NUMBER: 0001015768-97-000001 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961231 FILED AS OF DATE: 19970210 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: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10165 FILM NUMBER: 97522907 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: SILVERMAN JAY CENTRAL INDEX KEY: 0001015768 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 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 5 1 DECEMBER 1996 FORM 5 - ----------- ----------------------------- | FORM 5 | | 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). -- | | Form 3 Holdings Reported -- -- | | Form 4 Transactions Reported -- U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL 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 Silverman, Jay N. | - --------------------------------------------------| 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 December, 1996 - -------------------------------------------------------------------------------- 5. If Amendment, | 6. Relationship of Reporting Person | 7. Individual or Date of | to Issuer (Check all applicable) | Joint/Group Original | Director 10% Owner | Filing (Month/Day/ | ----- ----- | Year) | X Officer Other | X Form filed by | ----- ----- | --- One Reporting | (give title below) (specify below) | Person | | | President - Seitel Geophysical, Inc. | 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 | 1/9/96 - 12/18/96 - -------------------------------------------------------------------------------- 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) I | | 364 | A |24.75-41.875 - -------------------------------------------------------------------------------- 5. Amount of Securities | 6. Ownership Form: | 7. Nature of Indirect Beneficially Owned | Direct (D) or | Beneficial at End of Issuer's | Indirect (I) | Ownership Fiscal Year | (Instr. 4) | (Instr. 4) (Instr. 3 and 4) | | - ---------------------------|------------------------|--------------------------- (a) 12,180 | 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 | 15.00 | - --------------------------------------------|----------------|------------------ (b) Options - Right To Buy | 20.00 | - --------------------------------------------|----------------|------------------ (c) Options - Right To Buy | 25.00 | - --------------------------------------------|----------------|------------------ (d) Options - Right To Buy | 30.00 | - --------------------------------------------|----------------|------------------ (e) Options - Right To Buy | 25.125 | - --------------------------------------------|----------------|------------------ (f) Options - Right To Buy | 33.50 | - --------------------------------------------|----------------|------------------ (g) Warrants - Right To Buy | 41.125 | - -------------------------------------------------------------------------------- FORM 5 - 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 | 02/07/04 - -----------|-------|-------------|---------------|---------------|-------------- (b) | | | | 1 | 02/07/04 - -----------|-------|-------------|---------------|---------------|-------------- (c) | | | | 1 | 02/07/04 - -----------|-------|-------------|---------------|---------------|-------------- (d) | | | | 1 | 02/07/04 - -----------|-------|-------------|---------------|---------------|-------------- (e) | | | | 1 | 11/29/05 - -----------|-------|-------------|---------------|---------------|-------------- (f) | | | | 1 | 09/25/06 - -----------|-------|-------------|---------------|---------------|-------------- (g) | | | | 2 | 11/21/01 - -------------------------------------------------------------------------------- 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 | 5,000 | - -----------------------------------|----------------|--------------------------- (b) Common Stock | 5,000 | - -----------------------------------|----------------|--------------------------- (c) Common Stock | 5,000 | - -----------------------------------|----------------|--------------------------- (d) Common Stock | 5,000 | - -----------------------------------|----------------|--------------------------- (e) Common Stock | 25,000 | - -----------------------------------|----------------|--------------------------- (f) Common Stock | 25,000 | - -----------------------------------|----------------|--------------------------- (g) Common Stock | 3,282 | - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 9. Number of Derivative | 10. Ownership Form | 11. Nature of Indirect Securities Beneficially| of Derivative | Beneficial Owned at End of the | Security: Direct | Ownership Year (Instr. 4) | (D) or Indirect | (Instr. 4) | (I) (Instr. 4) | - ----------------------------|-----------------------|--------------------------- (a) 5,000 | D | - ----------------------------|-----------------------|--------------------------- (b) 5,000 | D | - ----------------------------|-----------------------|--------------------------- (c) 5,000 | D | - ----------------------------|-----------------------|--------------------------- (d) 5,000 | D | - ----------------------------|-----------------------|--------------------------- (e) 25,000 | D | - ----------------------------|-----------------------|--------------------------- (f) 25,000 | D | - ----------------------------|-----------------------|--------------------------- (g) 3,282 | 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. 2. These warrants are exercisable 90 days from date of grant. /s/ Jay N. Silverman 02/10/97 --------------------------------- ---------- **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-----