0001209191-21-028033.txt : 20210422 0001209191-21-028033.hdr.sgml : 20210422 20210422200057 ACCESSION NUMBER: 0001209191-21-028033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210420 FILED AS OF DATE: 20210422 DATE AS OF CHANGE: 20210422 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAPEYRE JAMES M JR CENTRAL INDEX KEY: 0001072813 STATE OF INCORPORATION: LA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 21846370 MAIL ADDRESS: STREET 1: C/O LAITRAM CORP STREET 2: 220 LAITRAM LANE CITY: HARAHAN STATE: LA ZIP: 70123 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ION GEOPHYSICAL CORP CENTRAL INDEX KEY: 0000866609 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 222286646 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 770422855 BUSINESS PHONE: 2819333339 MAIL ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 100 CITY: HOUSTON STATE: TX ZIP: 770422855 FORMER COMPANY: FORMER CONFORMED NAME: INPUT OUTPUT INC DATE OF NAME CHANGE: 19930328 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-04-20 0 0000866609 ION GEOPHYSICAL CORP IO 0001072813 LAPEYRE JAMES M JR 2105 CITYWEST BOULEVARD SUITE 100 HOUSTON TX 77042-2855 1 0 0 0 Common Stock 2021-04-20 4 P 0 107859 0.00 A 528132 D Common Stock 979816 I Shares held by Laitram, LLC Common Stock 42850 I Joint account with adult child (J) Common Stock 42850 I Joint account with adult child (K) Common Stock 43702 I Joint account with adult child (S) Rights Offering (Rights to Buy) 2.78 2021-04-20 4 M 0 650000 0.00 D 2021-03-23 2021-04-12 Common Stock 602333 0 D 8% Convertible Notes Due 2025 3.00 2021-04-20 4 P 0 1807000.00 1807000.00 A 2021-04-20 2025-12-15 Common Stock 602333 1807000.00 D Rights Offering (Rights to Buy) 2.78 2021-04-20 4 M 0 1019065 0.00 D 2021-03-23 2021-04-12 Common Stock 944333 0 I Held by Laitram, LLC 8% Convertible Notes Due 2025 3.00 2021-04-20 4 P 0 2833000.00 2833000.00 A 2021-04-20 2025-12-15 Common Stock 944333 2833000.00 I Held by Laitram, LLC These shares were received as a Backstop Commitment Fee to the Reporting Person who served as a backstop party in the Issuer's Rights Offering that closed Tuesday, April 20. These were subscription rights acquired in the Issuer's Rights Offering which commenced on March 23, 2021, which rights the Reporting Person exercised to purchase a principal amount of ION's 8.00% Senior Secured Second Priority Convertible Notes due 2025. Issuer issued one non-transferable subscription right for each share of Common Stock held on the March 22, 2021 record date and each subscription entitled the holder to purchase $2.78 principal amount of Issuer's Notes. These are Issuer's 8.00% Senior Secured Second Priority Convertible Notes due 2025 that were acquired by the Reporting Person as a result of the exercise of subscription rights which were issued to him in the Issuer's Rights Offering. The Reporting Person disclaims beneficial ownership of all securities shown as indirectly owned by him. /s/ Rebecca F. Sacco, attorney-in-fact 2021-04-22