0001144204-18-020194.txt : 20180411 0001144204-18-020194.hdr.sgml : 20180411 20180411201221 ACCESSION NUMBER: 0001144204-18-020194 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180409 FILED AS OF DATE: 20180411 DATE AS OF CHANGE: 20180411 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: 18751013 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 tv490935_4.xml OWNERSHIP DOCUMENT X0306 4 2018-04-09 0 0001514732 SAExploration Holdings, Inc. SAEX 0001580993 Hastings Jeff 4860 25TH STREET SE CALGARY A0 T2B 3M2 ALBERTA, CANADA 1 1 0 0 See Remarks Restricted Stock Units 2018-04-09 4 A 0 2934402 0 A Common Stock 2934402 2934402 D The Restricted Stock Units were issued pursuant to the SAExploration Holdings, Inc. (the "Company") 2018 Long Term Incentive Plan (the "2018 Plan") on April 9, 2018. The 2018 Plan became effective March 5, 2018. Restricted Stock Units will generally be settled in shares of Common Stock. However, the Compensation Committee will have discretion to pay Restricted Stock Units, upon settlement, in cash, shares of Common Stock, or a combination thereof. The Restricted Stock Units will vest 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. Chairman and Chief Executive Officer /s/ Jeff Hastings 2018-04-11