Usher Christopher Theron 4
4 · ION GEOPHYSICAL CORP · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Usher Christopher Theron
EVP & COO, GeoScience
Transactions
- Disposition to Issuer
Common Stock
2017-12-15$13.05/sh−100,000$1,305,000→ 37,367 total - Purchase
Common Stock
2017-12-15$13.50/sh+14,850$200,475→ 52,217 total - Exercise/Conversion
Common Stock
2017-12-15$3.10/sh+100,000$310,000→ 137,367 total - Exercise/Conversion
Stock Appreciation Right
2017-12-15−100,000→ 50,000 totalExercise: $3.10From: 2017-03-01Exp: 2026-03-01→ Common Stock (100,000 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]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.