4//SEC Filing
Silvernagle Darin 4
Accession 0001209191-19-024283
CIK 0001514732other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 5:15 PM ET
Size
10.4 KB
Accession
0001209191-19-024283
Insider Transaction Report
Form 4
Silvernagle Darin
See Remarks
Transactions
- Award
Restricted Stock Unit
2019-03-29+27,841→ 47,842 total→ Common Stock (27,841 underlying) - Award
Restricted Stock Unit
2019-03-29+7,055→ 20,001 total→ Common Stock (7,055 underlying)
Holdings
- 7,373
Common Stock
- 12,946
Restricted Stock Unit
→ Common Stock
Footnotes (3)
- [F1]Adjusted to reflect the one-for-twenty reverse stock split that occurred on September 14, 2018.
- [F2]Restricted stock units ("RSUs") were issued pursuant to the SAExploration Holdings, Inc. (the "Company") Amended and Restated 2018 Long-Term Incentive Plan (the "Plan") as a long-term incentive award based on 2018 performance. The RSUs vest on September 29, 2020 and convert into shares of common stock on a one-for-one basis.
- [F3]These RSUs were issued pursuant to the Plan as additional management incentive plan ("MIP") awards due under the terms of the employment agreement between the Company and the reporting person (the "True-Up MIP Awards"). These True-Up MIP Awards vest 50% on April 12, 2019 and 50% on January 29, 2021 and will convert into shares of common stock on a one for one basis.
Documents
Issuer
SAExploration Holdings, Inc.
CIK 0001514732
Entity typeother
Related Parties
1- filerCIK 0001580861
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 5:15 PM ET
- Size
- 10.4 KB