Hanson R Brian 4
4 · ION GEOPHYSICAL CORP · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Hanson R Brian
Exec. VP & CFO
Transactions
- Exercise/Conversion
Stock Appreciation Right
2017-12-15−200,000→ 100,000 totalExercise: $3.10From: 2017-03-01Exp: 2026-03-01→ Common Stock (200,000 underlying) - Exercise/Conversion
Common Stock
2017-12-15$3.10/sh+200,000$620,000→ 354,325 total - Disposition to Issuer
Common Stock
2017-12-15$13.05/sh−200,000$2,610,000→ 154,325 total
Holdings
- 666(indirect: By Spouse)
Common Stock
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]Compensation Committee approved acceleration of the vesting of the second tranche on 12/13/2017. Final tranche to vest as scheduled on 03/01/2019.