IVERSEN ROBERT 4
4 · Superior Drilling Products, Inc. · Filed Aug 18, 2017
Insider Transaction Report
Form 4
IVERSEN ROBERT
Director
Transactions
- Purchase
Common Stock
2017-08-16$0.69/sh+36,000$24,840→ 147,385 total
Footnotes (1)
- [F1]Includes (a) 23,734 shares of restricted common stock that vests in accordance with the following vesting schedule: 33 1/3% of the shares of restricted common stock vested on August 10, 2016, 33 1/3% of the shares of restricted common stock vested on August 10, 2017 and 33 1/3% of the shares of restricted common stock will vest on August 10, 2018 and (b) 54,380 of restricted common stock that vests in accordance with the following vesting schedule: 33 1/3% of the shares of restricted common stock will vest on November 10, 2017, 33 1/3% of the shares of restricted common stock will vest on November 10, 2018, and 33 1/3% of the shares of restricted common stock will vest on November 10, 2019.