0001209191-16-104329.txt : 20160302 0001209191-16-104329.hdr.sgml : 20160302 20160302150320 ACCESSION NUMBER: 0001209191-16-104329 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160301 FILED AS OF DATE: 20160302 DATE AS OF CHANGE: 20160302 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ION GEOPHYSICAL CORP CENTRAL INDEX KEY: 0000866609 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 222286646 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 770422839 BUSINESS PHONE: 281.933.3339 MAIL ADDRESS: STREET 1: 2105 CITYWEST BLVD STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 770422839 FORMER COMPANY: FORMER CONFORMED NAME: INPUT OUTPUT INC DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BATE STEVEN CENTRAL INDEX KEY: 0001578444 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12691 FILM NUMBER: 161476800 MAIL ADDRESS: STREET 1: 2105 CITYWEST BOULEVARD STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77042-2839 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-03-01 0 0000866609 ION GEOPHYSICAL CORP IO 0001578444 BATE STEVEN 2105 CITYWEST BOULEVARD SUITE 400 HOUSTON TX 77042-2839 0 1 0 0 EVP & CFO Common Stock 2016-03-01 4 A 0 25000 0.00 A 48419 D Common Stock 2016-03-01 4 P 0 3700 4.0126 A 52119 D Common Stock 2016-03-01 4 P 0 6300 4.383 A 58419 D Employee Stock Option (right to buy) 3.10 2017-03-01 2026-03-01 Common Stock 50000 50000 D Stock Appreciation Right 3.10 2026-03-01 Common Stock 0 150000 D Restricted Stock grant issued pursuant to the ION Geophysical Corporation Amended and Restated 2013 Long Term Incentive Plan. Shares will vest in three equal annual installments beginning the first anniversary of the transaction date in Column 2. As adjusted for the one-for-fifteen reverse stock split completed on February 4, 2016. Includes 33 shares acquired under the ION Employee Stock Purchase Plan, as adjusted for the one-for-fifteen reverse stock split completed on February 4, 2016. This transaction was executed in multiple trades at prices ranging from $3.23 to $4.20, inclusive. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $4.24 to $4.58, inclusive. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Issued pursuant to the ION Geophysical Corporation Amended and Restated 2013 Long Term Incentive Plan and become exercisable in four equal annual installments beginning on the date specified in Column 6. Issued pursuant to the ION Geophysical Corporation Stock Appreciation Rights Plan. The SARs will vest in one-third increments upon the achievement of performance targets set at 20%, 25% and 30% appreciation of the 20-day volume weighted average price per share over the exercise price of the SAR. No SARs can be exercised prior to the first anniversary of the grant date. Beginning on the first anniversary date, SARs can be exercised up to one-third per year. Rebecca F. Sacco, attorney-in-fact 2016-03-02