4//SEC Filing
Usher Christopher Theron 4
Accession 0001209191-18-061075
CIK 0000866609other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 7:31 PM ET
Size
8.5 KB
Accession
0001209191-18-061075
Insider Transaction Report
Form 4
Usher Christopher Theron
EVP & COO, GeoScience
Transactions
- Award
Stock Appreciation Right
2018-12-01+95,435→ 95,435 totalExercise: $8.85Exp: 2028-12-01→ Common Stock (95,435 underlying) - Award
Common Stock
2018-12-01+89,430→ 143,114 total
Footnotes (2)
- [F1]Restricted Stock award issued pursuant to the ION Geophysical Corporation Third Amended and Restated 2013 Long Term Incentive Plan. The shares of restricted stock are subject to both time-based and performance-based vesting requirements. The time-based vesting requirements provide that the shares vest in three equal installments beginning on the first anniversary of the grant date, subject to satisfaction of the performance-based vesting requirements. The performance-based vesting requirements provide that the shares vest in three equal portions upon achievement of ION common stock 20 day volume weighted average price per share targets of $17.50, $22.50 and $27.50, subject to satisfaction of the time-based vesting requirements.
- [F2]Cash-settled Stock Appreciation Right ("SARs") issued pursuant to the ION Geophysical Corporation 2018 Stock Appreciation Rights Plan. The SARs are subject to both time-based and performance-based vesting requirements. The time-based vesting requirements provide that the SARs vest in three equal installments beginning on the first anniversary of the grant date, subject to satisfaction of the performance-based vesting requirements. The performance-based vesting requirements provide that the SARs vest in three equal portions upon achievement of ION common stock 20 day volume weighted average price per share targets of $17.50, $22.50 and $27.50, subject to satisfaction of the time-based vesting requirements. The maximum value of each SAR is capped at $27.50.
Documents
Issuer
ION GEOPHYSICAL CORP
CIK 0000866609
Entity typeother
Related Parties
1- filerCIK 0001481492
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 7:31 PM ET
- Size
- 8.5 KB