4//SEC Filing
ION GEOPHYSICAL CORP 4
Accession 0001209191-16-105092
CIK 0000866609operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 1:14 PM ET
Size
8.6 KB
Accession
0001209191-16-105092
Insider Transaction Report
Form 4
HULME COLIN
SVP, Ocean Bottom Services
Transactions
- Award
Common Stock
2016-03-01+12,500→ 17,703 total
Holdings
- 25,000
Employee Stock Option (right to buy)
Exercise: $3.10From: 2017-03-01Exp: 2026-03-01→ Common Stock (25,000 underlying) - 150,000
Stock Appreciation Right
Exercise: $3.10Exp: 2026-03-01→ Common Stock (0 underlying)
Footnotes (5)
- [F1]Restricted Stock grant issued pursuant to the ION Geophysical Corporation Amended and Restated 2013 Long Term Incentive Plan. Shares will vest in three equal annual installments beginning the first anniversary of the transaction date in Column 2.
- [F2]As adjusted for the one-for-fifteen reverse stock split completed on February 4, 2016.
- [F3]Includes 33 shares acquired under the ION Employee Stock Purchase Plan, as adjusted for the one-for-fifteen reverse stock split completed on February 4, 2016.
- [F4]Issued pursuant to the ION Geophysical Corporation Amended and Restated 2013 Long Term Incentive Plan and becomes exercisable in four equal annual installments beginning on the date specified in Column 6.
- [F5]Issued pursuant to the ION Geophysical Corporation Stock Appreciation Rights Plan. The SARs will vest in one-third increments upon the achievement of performance targets set at 20%, 25% and 30% appreciation of the 20-day volume weighted average price per share over the exercise price of the SAR. No SARs can be exercised prior to the first anniversary of the grant date. Beginning on the first anniversary date, SARs can be exercised up to one-third per year.
Documents
Issuer
ION GEOPHYSICAL CORP
CIK 0000866609
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000866609
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 1:14 PM ET
- Size
- 8.6 KB