SEELY JAMEY S 4
4 · ION GEOPHYSICAL CORP · Filed Aug 14, 2017
Insider Transaction Report
Form 4
SEELY JAMEY S
EVP-Gen Counsel & Corp Sec'y
Transactions
- Exercise/Conversion
Common Stock
2017-08-10$3.10/sh+50,000$155,000→ 103,935 total - Disposition to Issuer
Common Stock
2017-08-10$5.70/sh−50,000$285,000→ 53,935 total - Exercise/Conversion
Common Stock
2017-08-11$3.10/sh+12,500$38,750→ 66,435 total - Sale
Common Stock
2017-08-11$5.02/sh−12,500$62,759→ 53,935 total - Exercise/Conversion
Stock Appreciation Right
2017-08-10−50,000→ 100,000 totalExercise: $3.10From: 2017-03-01Exp: 2026-03-01→ Common Stock (50,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2017-08-11$5.02/sh−12,500$62,759→ 37,500 totalExercise: $3.10From: 2017-03-01Exp: 2026-03-01→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Exercise of cash-settled SARs. In accordance with the rules for filing Form 4, the exercise of cash-settled SARs is treated as the simultaneous purchase of the number of shares for which SARs are exercised and the sale of the same number of shares. No shares actually changed hands.
- [F2]This transaction was executed in multiple trades at prices ranging from $4.85 to $5.30, inclusive. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.