0001514732-15-000115.txt : 20151217
0001514732-15-000115.hdr.sgml : 20151217
20151217172004
ACCESSION NUMBER: 0001514732-15-000115
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150927
FILED AS OF DATE: 20151217
DATE AS OF CHANGE: 20151217
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Whiteley Brent
CENTRAL INDEX KEY: 0001580789
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35471
FILM NUMBER: 151294513
MAIL ADDRESS:
STREET 1: 3333 8TH STREET SE, 3RD FLOOR
CITY: CALGARY
STATE: A0
ZIP: T2G 3A4
4
1
wf-form4_145039079366114.xml
FORM 4
X0306
4
2015-09-27
0
0001514732
SAExploration Holdings, Inc.
SAEX
0001580789
Whiteley Brent
1160 DAIRY ASHFORD RD., SUITE 160
HOUSTON
TX
77079
1
1
0
1
CFO, Gen. Counsel, Secretary
Member of 10% owner group
Common Stock
2015-09-27
4
M
0
6360
A
291324
D
Restricted Stock Units
2015-09-27
4
M
0
6360
D
2017-06-29
Common Stock
6360.0
12720
D
Stock Option (Right to Buy)
4.12
2025-06-29
Common Stock
39138.0
39138
D
The shares were issued pursuant to the SAExploration Holdings, Inc. 2013 Long-Term Incentive Plan (the "Plan") on September 27, 2015.
Each restricted stock unit issued pursuant to the Plan represents the right to receive, upon vesting, either (i) a share of Common Stock of the Company or (ii) an amount of cash equal to the value of a share of the Company's Common Stock on the date of transfer. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
The restricted stock units will vest 1/3 on the date which is 90 days after the issuance and 1/3 each on the first and second anniversaries of the grant.
The stock option becomes exercisable as follows: (i) 1/3 of the Option becomes exercisable after 90 days of continuous "Service" (as defined in the Plan) from the date of the grant; (ii) 1/3 of the Option becomes exercisable after 12 months of continuous Service from the Date of Grant; and (iii) the remaining 1/3 of the Option becomes exercisable after 24 months of continuous Service from the date of thegrant.
/s/ Brent Whiteley
2015-12-16