Williamson Ken 4
4 · ION GEOPHYSICAL CORP · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Williamson Ken
SVP, ISS
Transactions
- Disposition to Issuer
Common Stock
2017-12-15$13.05/sh−100,000$1,305,000→ 73,949 total - Purchase
Common Stock
2017-12-15$13.63/sh+26,000$354,294→ 73,949 total - Exercise/Conversion
Common Stock
2017-12-15$3.10/sh+100,000$310,000→ 173,949 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 (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $13.5824 to $13.70, 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.
- [F2]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.
- [F3]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.