Whiteley Brent 4
4 · SAExploration Holdings, Inc. · Filed Apr 16, 2019
Insider Transaction Report
Form 4
Whiteley Brent
DirectorCFO, Gen. Counsel, SecretaryOther
Transactions
- Exercise/Conversion
Common Stock
2019-04-12+62,640→ 112,079 total - Tax Payment
Common Stock
2019-04-12$3.80/sh−15,088$57,334→ 96,991 total - Exercise/Conversion
Restricted Stock Unit
2019-04-12−62,640→ 151,835 total→ Common Stock (62,640 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSUs") convert into shares of common stock on a one-for-one basis.
- [F2]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.