7 Jan 2004director interest notice● Neutral
CGG HOLDING (U.S.) INC. Vice Chairman Stephen J Ludlow received a stock option grant for 24,700 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Jan 2004director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Jan A Rask received a stock option grant for 5,000 shares.
7 Jan 2004director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Clayton P Cormier received a stock option grant for 5,000 shares.
7 Jan 2004director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Brian F Macneill received a stock option grant for 5,000 shares.
3 Dec 2003business combination● Neutral
Veritas told option holders that shareholders approved the voluntary option exchange program, but the company had not yet made a final decision to implement it and it would not proceed if the stock reaches $11.00. The expected timeline is a tender offer from July 12, 2004, cancellation of tendered options on August 9, 2004, and new options issued February 11, 2005. This resolves the shareholder-vote step of the thread opened in October 2003.
7 Nov 2003securities registration● Neutral
CGG HOLDING (U.S.) INC. filed the final prospectus for a registered offering.
4 Nov 2003business combination● Neutral
Veritas filed a November 4, 2003 memo from Dave Robson to option holders about the option exchange program, saying shareholders would vote at the December 2, 2003 annual meeting, that employees need take no action now, and that new options would be issued on or about February 11, 2005 if approved.
30 Oct 2003business combination● Neutral
Veritas refiled its communication on the proposed employee stock option exchange program, repeating the earlier terms (options at $15.00+ exchanged for fewer new options, offer expected July 2004, new grants expected February 2005) with an added notice that the offer had not yet commenced. No new terms are apparent in the visible text, though the filing is truncated.
28 Oct 2003securities registration● Neutral
CGG HOLDING (U.S.) INC. registered a securities offering with the SEC using its shelf eligibility.
24 Oct 2003business combination● Neutral
Veritas DGC filed a pre-launch notice of a proposed employee stock option exchange program, to be put to a shareholder vote. Employees (not the five highest-paid executives or directors) holding options with exercise prices of $15.00 or more could swap them for fewer new options priced at the market price on the grant date, expected February 2005. The filing says the program would reduce outstanding options (568,880 fewer in a $8.00-share-price example) and would be cancelled if the stock price exceeds $11.00; the stock last traded at $8.57 on October 13, 2003.
24 Sept 2003director interest notice● Neutral
Vincent M Thielen became a CGG HOLDING (U.S.) INC. VP & Corporate Controller and company insider (initial ownership filing).
11 Aug 2003substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. reported a CGG HOLDING (U.S.) INC. shareholding of 3,289,220 shares (9.82% of votes) in a periodic institutional filing.
13 Feb 2003substantial holder notice● Neutral
William Blair & Company, L.L.C disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (5.20% of votes).
12 Feb 2003substantial holder notice● Neutral
Wellington Management Company, LLP reported a CGG HOLDING (U.S.) INC. shareholding of 1,213,700 shares (3.81% of votes) in a periodic institutional filing.
12 Feb 2003substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (6.35% of votes).
29 Jan 2003substantial holder notice● Neutral
Deutsche Bank AG reported a CGG HOLDING (U.S.) INC. shareholding of 2.26% of votes in a periodic institutional filing.
5 Nov 2002securities registration● Neutral
CGG HOLDING (U.S.) INC. filed the final prospectus for a registered offering.
28 Oct 2002securities registration● Neutral
CGG HOLDING (U.S.) INC. registered a securities offering with the SEC using its shelf eligibility.
31 July 2002business combination▼ BadMajor
Veritas's board withdrew its approval and recommendation of the planned combination with PGS on July 30, 2002. The merger agreement was formally terminated the next day.
26 July 2002business combination● Neutral
Veritas and PGS signed a second amendment to their merger agreement, still renegotiating deal mechanics five months after the terms had already been revised once.
24 June 2002business combination● Neutral
Veritas and PGS signed a first amendment reworking the legal structure of their pending combination, restructuring the merger vehicles without changing the deal's core economics.
29 Apr 2002business combination● NeutralMajor
The SEC agreed Veritas would be the accounting acquirer in the pending PGS combination under revised terms: PGS's exchange ratio was cut to 0.40 shares (from 0.47), Veritas holders would own 44% of the new company with a 6-4 board majority, and Veritas's own CEO and CFO would run it - terms that shifted materially in Veritas's favor since the deal was first announced.
8 Mar 2002substantial holder notice● Neutral
------------------------------------------------------------- SAMUEL R. SHAPIRO, ------------------------------------------------------------- SHAPIRO CAPITAL MA, ------------------------------------------------------------- THE KALEIDOSCOPE F reported a CGG HOLDING (U.S.) INC. shareholding of 45,500 shares (15.00% of votes) in a periodic institutional filing.
14 Feb 2002substantial holder notice● Neutral
------------------------------------------------------------- SAMUEL R. SHAPIRO, ------------------------------------------------------------- SHAPIRO CAPITAL MA, ------------------------------------------------------------- THE KALEIDOSCOPE F disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (6.73% of votes).
14 Feb 2002substantial holder notice● Neutral
Deutsche Bank AG disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (6.30% of votes).
12 Feb 2002substantial holder notice● Neutral
Wellington Management Company, LLP disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (8.11% of votes).
28 Nov 2001business combination▲ GoodMajor
Veritas DGC agreed to combine with Norway's Petroleum Geo-Services (PGS) as a "merger of equals" under a new Cayman Islands holding company, with PGS shareholders getting 0.47 new shares per PGS share and Veritas shareholders converting one-for-one; the deal still needed shareholder votes and antitrust clearance.
26 Mar 2001securities registration● Neutral
CGG HOLDING (U.S.) INC. filed the final prospectus for a registered offering.
16 Mar 2001securities registration● Neutral
CGG HOLDING (U.S.) INC. filed the final prospectus for a registered offering.
16 Mar 2001securities registration● Neutral
CGG HOLDING (U.S.) INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.