4//SEC Filing
LAPEYRE JAMES M JR 4
Accession 0001209191-21-028033
CIK 0000866609other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 8:00 PM ET
Size
17.8 KB
Accession
0001209191-21-028033
Insider Transaction Report
Form 4
LAPEYRE JAMES M JR
Director
Transactions
- Purchase
8% Convertible Notes Due 2025
2021-04-20$1807000.00/shExercise: $3.00From: 2021-04-20Exp: 2025-12-15→ Common Stock (602,333 underlying) - Exercise/Conversion
Rights Offering (Rights to Buy)
2021-04-20−1,019,065→ 0 total(indirect: By LLC)Exercise: $2.78From: 2021-03-23Exp: 2021-04-12→ Common Stock (944,333 underlying) - Purchase
8% Convertible Notes Due 2025
2021-04-20$2833000.00/sh(indirect: By LLC)Exercise: $3.00From: 2021-04-20Exp: 2025-12-15→ Common Stock (944,333 underlying) - Purchase
Common Stock
2021-04-20+107,859→ 528,132 total - Exercise/Conversion
Rights Offering (Rights to Buy)
2021-04-20−650,000→ 0 totalExercise: $2.78From: 2021-03-23Exp: 2021-04-12→ Common Stock (602,333 underlying)
Holdings
- 42,850(indirect: By Children)
Common Stock
- 979,816(indirect: By LLC)
Common Stock
- 43,702(indirect: By Children)
Common Stock
- 42,850(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]These shares were received as a Backstop Commitment Fee to the Reporting Person who served as a backstop party in the Issuer's Rights Offering that closed Tuesday, April 20.
- [F2]These were subscription rights acquired in the Issuer's Rights Offering which commenced on March 23, 2021, which rights the Reporting Person exercised to purchase a principal amount of ION's 8.00% Senior Secured Second Priority Convertible Notes due 2025. Issuer issued one non-transferable subscription right for each share of Common Stock held on the March 22, 2021 record date and each subscription entitled the holder to purchase $2.78 principal amount of Issuer's Notes.
- [F3]These are Issuer's 8.00% Senior Secured Second Priority Convertible Notes due 2025 that were acquired by the Reporting Person as a result of the exercise of subscription rights which were issued to him in the Issuer's Rights Offering.
Documents
Issuer
ION GEOPHYSICAL CORP
CIK 0000866609
Entity typeother
IncorporatedLA
Related Parties
1- filerCIK 0001072813
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 8:00 PM ET
- Size
- 17.8 KB