Beatty Brian A 4/A
4/A · SAExploration Holdings, Inc. · Filed May 15, 2019
Insider Transaction Report
Form 4/AAmended
Beatty Brian A
DirectorCEO and PresidentOther
Transactions
- Exercise/Conversion
Common Stock
2019-04-12+78,880→ 123,191 total - Tax Payment
Common Stock
2019-04-12$3.80/sh−37,863$143,879→ 85,328 total - Exercise/Conversion
Restricted Stock Unit
2019-04-12−78,880→ 215,835 total→ Common Stock (78,880 underlying)
Holdings
- 700(indirect: Through dispositive and voting control of Seismic Management Holdings, Inc.)
Common Stock
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into shares of common stock on a one-for-one basis.
- [F2]These shares were inadvertently reported as directly owned by the Reporting Person in a prior filing.
- [F3]Seismic Management Holdings, Inc. is a corporation formed under the laws of the Province of Alberta, Canada, and is wholly owned by Seismic Managements, LLP, which is an Alaska limited liability partnership 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.