GEOSPACE TECHNOLOGIES CORP — Director's Dealing 2016

Feb 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GEOSPACE TECHNOLOGIES CORP (GEOS)
CIK: 0001001115
Period of Report: 2016-02-26

Reporting Person: Adams Robbin B. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-26	Common Stock	S	2500	$10.40	Disposed	16150	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (right to buy)	$14.87	2025-11-18	Common Stock (15500)	15500	Direct
Options (right to buy)	$21.945	2020-02-25	Common Stock (13000)	13000	Direct
Options (right to buy)	$8.78	2018-12-05	Common Stock (500)	500	Direct

Footnotes

F1: The performance option described in this line item is exercisable in installments upon the satisfaction of both (1) certain performance based vesting conditions relating to total shareholder return and (2) certain service based vesting conditions. Additional details regarding vesting and the form and terms of this performance option are available in the Company's Current Report on Form 8-K filed on November 20, 2015.

F2: This option vested in four equal annual installments beginning February 25, 2011 and is now fully exercisable.

F3: This option vested in four equal annual installments beginning February 5, 2012 and is now fully exercisable.