SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
March 30, 2004
Date of Report (date of earliest event reported)
NATURAL GAS SERVICES GROUP, INC.
(Exact name of registrant as specified in its charter)
Colorado 1-31398 75-2811855
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
2911 SCR 1260, Midland, Texas 79706
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(Address of principal executive offices) (Zip Code)
(432) 563-3974
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(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.
On March 30, 2004, Natural Gas Services Group, Inc. issued a news
release announcing the automatic conversion of its 10% Convertible Series A
Preferred Stock (the "Preferred Stock"). A total of 315,154 shares of Preferred
Stock are outstanding. Pursuant to the conversion terms of the Preferred Stock,
each share of Preferred Stock automatically converts into one share of the
Company's common stock upon the Company's common stock trading for 20
consecutive trading days at a price of at least $6.50 per share. The conversion
threshold was met on March 26, 2004. Thus, 315,154 shares of Company common
stock will be issued in connection with the conversion. The news release is
filed with this report as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements
None
(b) Pro Forma Financial Information
None
(c) Exhibits
Exhibit 99 News Release issued by Natural Gas Services Group,
Inc. on March 30, 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 2, 2004 NATURAL GAS SERVICES GROUP, INC.
By: /s/ Earl R. Wait
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Earl R. Wait
Chief Financial Officer
EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
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99 News Release dated March 30, 2004