Hastings Jeff 4
4 · SAExploration Holdings, Inc. · Filed Apr 16, 2019
Insider Transaction Report
Form 4
Hastings Jeff
DirectorExecutive Chairman10% Owner
Transactions
- Tax Payment
Common Stock
2019-04-12$3.80/sh−19,160$72,808→ 116,378 total - Exercise/Conversion
Common Stock
2019-04-12+78,880→ 135,538 total - Exercise/Conversion
Restricted Stock Unit
2019-04-12−78,880→ 389,748 total→ Common Stock (78,880 underlying)
Holdings
- 1,201(indirect: By LLC)
Common Stock
- 1,350(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into shares of common stock on a one-for-one basis.
- [F2]Speculative Seismic Investments, LLC is a Texas limited liability company controlled by the Reporting Person.
- [F3]CLCH, LLC is an Alaska limited liability company controlled by the Reporting Person.
- [F4]These RSUs were issued pursuant to the 2018 Amended and Restated Long-Term Incentive 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. These RSU's represent the 50% that vested on April 12, 2019.