3//SEC Filing
WHITEBOX ASYMMETRIC PARTNERS LP 3
Accession 0000919574-18-006216
CIK 0001514732other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:49 PM ET
Size
16.3 KB
Accession
0000919574-18-006216
Insider Transaction Report
Form 3
WHITEBOX ASYMMETRIC PARTNERS LP
10% Owner
Holdings
- 374,851
Common Stock
- 510,491
Common Stock
Series E Warrants
→ Common Stock (4,311,791 underlying)Series D Warrants
→ Common Stock (736,780 underlying)Series C Warrants
→ Common Stock (491,070 underlying)Series E Warrants
→ Common Stock (5,869,008 underlying)Series C Warrants
→ Common Stock (360,592 underlying)Series D Warrants
→ Common Stock (1,003,373 underlying)
Holdings
Series E Warrants
→ Common Stock (4,311,791 underlying)Series D Warrants
→ Common Stock (1,003,373 underlying)Series E Warrants
→ Common Stock (5,869,008 underlying)- 510,491
Common Stock
Series C Warrants
→ Common Stock (360,592 underlying)Series C Warrants
→ Common Stock (491,070 underlying)Series D Warrants
→ Common Stock (736,780 underlying)- 374,851
Common Stock
Footnotes (5)
- [F1]These securities are directly owned by Whitebox Asymmetric Partners, LP ("WAP"). WAP disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and affirmatively disclaims being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, with any other person or entity.
- [F2]These securities are directly owned by Whitebox Credit Partners, LP ("WCP"). WCP disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and affirmatively disclaims being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, with any other person or entity.
- [F3]The derivative securities were acquired pursuant to the exchange offer (the "Exchange Offer") and consent solicitation related to the Issuer's 10.000% Senior Secured Second Lien Notes due 2019 and the Issuer's 10.000% Senior Secured Notes due 2019. Pursuant to the warrant agreement, each Series C Warrant gives the holder thereof the right to purchase one share of common stock, subject to certain exceptions. The Series C Warrants have an initial exercise price of $0.0001 per share of Common Stock, subject to customary anti-dilution provisions. Reference is made to the Issuer's 8-K and Exhibit 10.2 attached thereto filed on February 1, 2018, which is incorporated by reference.
- [F4]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"). WAP and WCP, as holders thereof, elected to receive solely Series D Warrants. Pursuant to the Warrant Agreement, each Series D Warrant gives the holder thereof the right to purchase one share of Common Stock, subject to certain exceptions. The Series D Warrants have an initial exercise price of $0.0001 per share of Common Stock, subject to customary anti-dilution provisions. Reference is made to the Issuer's 8-K and Exhibit 10.1 attached thereto filed on March 8, 2018, which is incorporated by reference.
- [F5]The derivative securities were acquired in connection with a conversion by the Issuer of 8.0% Cumulative Perpetual Series A Preferred Stock, par value $0.0001 per share ("Series A Preferred Stock") into shares of common stock and/or series E warrants of the Issuer (the "Series E Warrants"). WAP and WCP, as holders thereof, elected to receive solely Series E Warrants. Pursuant to the warrant agreement, each Series E Warrant gives the holder thereof the right to purchase one share of common stock, subject to certain exceptions. The Series E Warrants have an initial exercise price of $0.0001 per share of Common Stock, subject to customary anti-dilution provisions. Reference is made to the Issuer's 8-K and Exhibit 4.1 attached thereto filed on September 11, 2018, which is incorporated by reference.
Documents
Issuer
SAExploration Holdings, Inc.
CIK 0001514732
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001502255
Filing Metadata
- Form type
- 3
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:49 PM ET
- Size
- 16.3 KB