4//SEC Filing
Whitebox Multi-Strategy Partners LP 4
Accession 0000919574-18-002344
CIK 0001514732other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:21 PM ET
Size
17.9 KB
Accession
0000919574-18-002344
Insider Transaction Report
Form 4
WHITEBOX ADVISORS LLC
Director10% Owner
Transactions
- Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−229,913→ 0 total(indirect: See Footnote)→ Common Stock - Conversion
Series D Warrants
2018-03-08+2,979,904→ 2,979,904 total→ Common Stock - Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−137,084→ 0 total→ Common Stock - Conversion
Series D Warrants
2018-03-08+4,997,800→ 4,997,800 total(indirect: See Footnote)→ Common Stock
WHITEBOX GENERAL PARTNER LLC
10% Owner
Transactions
- Conversion
Series D Warrants
2018-03-08+4,997,800→ 4,997,800 total(indirect: See Footnote)→ Common Stock - Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−229,913→ 0 total(indirect: See Footnote)→ Common Stock - Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−137,084→ 0 total→ Common Stock - Conversion
Series D Warrants
2018-03-08+2,979,904→ 2,979,904 total→ Common Stock
Whitebox Multi-Strategy Partners LP
10% Owner
Transactions
- Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−229,913→ 0 total(indirect: See Footnote)→ Common Stock - Conversion
Mandatorily Convertible Series B Preferred Stock
2018-03-08−137,084→ 0 total→ Common Stock - Conversion
Series D Warrants
2018-03-08+4,997,800→ 4,997,800 total(indirect: See Footnote)→ Common Stock - Conversion
Series D Warrants
2018-03-08+2,979,904→ 2,979,904 total→ Common Stock
Footnotes (3)
- [F1]These securities are directly beneficially owned by certain private investment funds, including Whitebox Multi-Strategy Partners, LP ("WMP") (together, the "Private Funds") and may be deemed to be beneficially owned by (a) Whitebox Advisors LLC by virtue of its role as the investment manager of the Private Funds, and (b) Whitebox General Partner LLC by virtue of its role as the general partner of the Private Funds. Each of the Private Funds, Whitebox Advisors LLC and Whitebox General Partner LLC disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]These securities are directly beneficially owned by WMP.
- [F3]The derivative securities were acquired in connection with a mandatory conversion by the Issuer of the Mandatorily Convertible Series B Preferred Stock, par value $0.0001 ("Series B Preferred Stock") into shares of common stock and/or series D warrants of the Issuer (the "Series D Warrants"), upon which each holder of Series B Preferred Stock received, for each share of Series B Preferred Stock being converted, a number of shares of common stock and/or a number of Series D Warrants, in aggregate equal to the applicable conversion rate (with shares of common stock or Series D Warrants rounded down in lieu of any fractional shares or warrants, as applicable). The Private Funds, as holders thereof, elected to receive solely Series D Warrants. Reference is made to the Issuer's 8-K and Exhibit 3.2 attached thereto filed on February 1, 2018, which is incorporated by reference.
Documents
Issuer
SAExploration Holdings, Inc.
CIK 0001514732
Entity typeother
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0001452149
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 4:21 PM ET
- Size
- 17.9 KB