4//SEC Filing
Whiteley Brent 4
Accession 0001209191-19-024285
CIK 0001514732other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 5:15 PM ET
Size
10.4 KB
Accession
0001209191-19-024285
Insider Transaction Report
Form 4
Whiteley Brent
DirectorCFO, Gen. Counsel, SecretaryOther
Transactions
- Award
Restricted Stock Unit
2019-03-29+125,279→ 214,475 total→ Common Stock (125,279 underlying) - Award
Restricted Stock Unit
2019-03-29+30,940→ 89,196 total→ Common Stock (30,940 underlying)
Holdings
- 49,439
Common Stock
- 58,256
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 0001580789
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 5:15 PM ET
- Size
- 10.4 KB