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