4//SEC Filing
SAExploration Holdings, Inc. 4
Accession 0001514732-16-000284
CIK 0001514732operating
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 4:40 PM ET
Size
9.5 KB
Accession
0001514732-16-000284
Insider Transaction Report
Form 4
Abney Ryan
VP - Capital Markets & IR
Transactions
- Award
Restricted Stock Units
2016-09-26+15,574→ 15,574 totalExp: 2019-09-26→ Common Stock (15,574 underlying) - Award
Stock Option (Right to Buy)
2016-09-26+15,574→ 15,574 totalExercise: $10.19Exp: 2026-09-26→ Common Stock (15,574 underlying)
Holdings
- 61
Common Stock
Footnotes (6)
- [F1]The restricted stock units were issued pursuant to the SAExploration Holdings, Inc. (the "Company") 2016 Long Term Incentive Plan (the "LTIP") on September 26, 2016.
- [F2]Each restricted stock unit issued pursuant to the LTIP represents the right to receive, upon the applicable vesting date, either (i) a share of Common Stock of the Company or (ii) an amount of cash equal in value to the value of a share of the Company's Common Stock on the date of transfer.
- [F3]The restricted stock units will vest as follows: (i) 1/3 on the earliest to occur of certain events as defined in the LTIP; (ii) 1/3 on the second anniversary of the Closing Date, as defined in the LTIP; and (iii) the remaining 1/3 on the third anniversary of the Closing Date, as defined in the LTIP.
- [F4]The non-qualified stock options were issued pursuant to the Company's LTIP on September 26, 2016.
- [F5]The Exercise Price of the option is $10.19 per share, which is equal to the VWAP per common share for the 30-day period that ends on the Grant Date, all terms as defined in the Company's LTIP.
- [F6]The stock option becomes exercisable as follows: (i) 1/3 of the Option on the earliest to occur of certain events as defined in the LTIP, (ii) 1/3 of the Option on the second anniversary of the Closing Date, as defined in the LTIP; and (iii) the remaining 1/3 of the Option on the third anniversary of the Closing Date, as defined in the LTIP.
Documents
Issuer
SAExploration Holdings, Inc.
CIK 0001514732
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001514732
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 4:40 PM ET
- Size
- 9.5 KB