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