RONCA MICHAEL V 4
4 · Superior Drilling Products, Inc. · Filed Aug 1, 2024
Insider Transaction Report
Form 4
RONCA MICHAEL V
Director
Transactions
- Disposition to Issuer
Common Stock
2024-08-01−603,806→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2024-08-01−12,048→ 0 totalExercise: $1.37From: 2016-03-31Exp: 2025-03-31→ Common Stock (12,048 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the merger agreement among Issuer, Drilling Tools International Corporation ("DTI"), DTI Merger Sub I, Inc., and DTI Merger Sub II, LLC (the "Merger Agreement") in exchange for a combination of DTI stock and cash in accordance with the terms of the Merger Agreement.
- [F2]These options were cancelled in connection with the transactions contemplated by the Merger Agreement for no consideration.