SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
WILSON CHARLES H.

(Last) (First) (Middle)
8 INVERNESS DRIVE EAST, #100

(Street)
ENGLEWOOD CO 80112

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2010
3. Issuer Name and Ticker or Trading Symbol
GASCO ENERGY INC [ GASE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 100,000(1) D
Common Stock 1,000(2) D
Common Stock 10,000(3) D
Common Stock 130,586 D
Common Stock 2,069 I Shares owned by son.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy) (4) 09/18/2013 Common Stock 220,000 $3.1 D
Options (Right to Buy) (5) 09/26/2017 Common Stock 75,400 $1.9 D
Options (Right to Buy) (6) 09/18/2013 Common Stock 65,000 $1.8 D
Options (Right to Buy) (7) 12/12/2013 Common Stock 10,000 $1 D
Options (Right to Buy) (8) 12/18/2013 Common Stock 30,000 $0.5 D
Explanation of Responses:
1. On 10/16/06, Mr. Wilson was granted a restricted stock award of 100,000 shares of the Issuer's common stock pursuant to the Issuer's 2003 Restricted Stock Plan. These shares are subject to forfeiture with Mr. Wilson having the right to retain 20,000 shares on 10/16/07, an additional 20,000 shares on 10/16/08, an additional 20,000 shares on 10/16/09, and the remaining 40,000 shares on 10/16/10.
2. On 12/15/06, Mr. Wilson was granted a restricted stock award of 1,000 shares of the Issuer's common stock pursuant to the Issuer's 2003 Restricted Stock Plan. These shares are subject to forfeiture with Mr. Wilson having the right to retain 200 shares on 12/15/07, an additional 200 shares on 12/15/08, and the remaining 600 shares on 12/15/09.
3. On 9/27/07, Mr. Wilson was granted a restricted stock award of 10,000 shares of the Issuer's common stock pursuant to the Issuer's 2003 Restricted Stock Plan. These shares are subject to forfeiture with Mr. Wilson having the right to retain 2,000 shares on 9/27/08, an additional 2,000 shares on 9/27/09, an additional 2,000 shares on 9/27/10, an additional 2,000 shares on 9/27/11 and the remaining 2,000 shares on 9/27/12.
4. Granted 220,000 options under the Issuer's 1999 Stock Option Plan. 50,000 options vest 1/16/08, 50,000 vest 1/16/09, 50,000 vest 1/16/10, and the remaining 70,000 vest 1/16/11.
5. Granted 75,400 options under the Issuer's 1999 Stock Option Plan. The options vest 1/5th each year commencing 9/26/08. All options expire 9/26/17.
6. Granted 65,000 options under the Issuer's 1999 Stock Option Plan. These options vest over a 2 year period, with 1/6th of the amount vesting every 4 months commencing 1/18/09, and all options expiring 9/18/13.
7. Granted 10,000 options under the Issuer's 1999 Stock Option Plan. 25% of these options vest every 3 months commencing 3/12/09, and all options expiring 12/12/13.
8. Granted 30,000 options under Issuer's 1999 Stock Option Plan. These options vest 40% after first year and 60% after second year. All options expire 12/18/13.
Remarks:
Charles H. Wilson 06/18/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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