0000899243-18-021692.txt : 20180808
0000899243-18-021692.hdr.sgml : 20180808
20180808170301
ACCESSION NUMBER: 0000899243-18-021692
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180806
FILED AS OF DATE: 20180808
DATE AS OF CHANGE: 20180808
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hastings Jeff
CENTRAL INDEX KEY: 0001580993
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35471
FILM NUMBER: 181002242
MAIL ADDRESS:
STREET 1: 3333 8TH STREET SE
STREET 2: 3RD FLOOR
CITY: CALGARY
STATE: A0
ZIP: T2G 3A4
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SAExploration Holdings, Inc.
CENTRAL INDEX KEY: 0001514732
STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382]
IRS NUMBER: 274867100
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1160 DAIRY ASHFORD RD.
STREET 2: SUITE 160
CITY: HOUSTON
STATE: TX
ZIP: 77079
BUSINESS PHONE: 281-258-4400
MAIL ADDRESS:
STREET 1: 1160 DAIRY ASHFORD RD.
STREET 2: SUITE 160
CITY: HOUSTON
STATE: TX
ZIP: 77079
FORMER COMPANY:
FORMER CONFORMED NAME: Trio Merger Corp.
DATE OF NAME CHANGE: 20110307
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-08-06
0
0001514732
SAExploration Holdings, Inc.
SAEX
0001580993
Hastings Jeff
4860 25TH STREET SE
CALGARY
A0
T2B 3M2
ALBERTA, CANADA
1
1
0
0
Chairman and CEO
Common Stock
2018-08-06
4
M
0
1467201
A
1548613
D
Common Stock
2018-08-06
4
F
0
415643
0.85
D
1132970
D
Common Stock
27000
I
Through dispositive and voting control of Speculative Seismic Investments, LLC
Common Stock
24221
I
Through dispositive and voting control of CLCH, LLC
Restricted Stock Units
2018-08-06
4
M
0
1467201
0.00
D
Common Stock
1467201
1467201
D
The Restricted Stock Units ("RSUs") were issued pursuant to the SAExploration Holdings, Inc. (the "Company") 2018 Long Term Incentive Plan (the "2018 Plan") on April 9, 2018. Pursuant to the 2018 Plan, the RSUs vest in three tranches as follows: (i) 25% on the 18-month anniversary of the consummation of the Restructuring, or July 29, 2019; (ii) 25% on the second anniversary of the consummation of the Restructuring, or January 29, 2020; and (iii) the remaining 50% on the third anniversary of the consummation of the Restructuring, or January 29, 2021. RSUs convert into share of Common Stock on a one-for-one basis.
The Board of Directors of the Company approved the accelerated vesting of the first two tranches of the RSUs effective July 23, 2018. The RSUs were automatically converted into shares of Common Stock on August 6, 2018.
Speculative Seismic Investments, LLC is a Texas limited liability company controlled by the Reporting Person.
CLCH, LLC is an Alaska limited liability company controlled but eh Reporting Person.
/s/ Jeff Hastings
2018-08-08