Superior Drilling Products, Inc. 4
4 · Superior Drilling Products, Inc. · Filed Nov 14, 2016
Insider Transaction Report
Form 4
IVERSEN ROBERT
Director
Transactions
- Award
Restricted Stock Unit
2016-11-10+54,380→ 54,380 total→ Common Stock (54,380 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.
- [F2]Restricted stock units granted by the Board of Directors of the Issuer (the "Board") as compensation for service as an independent director on the Board. The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the date of grant.