SEC Form 4 · accession 0001144204-15-048648
Superior Drilling Products, Inc. · SDPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G. Troy Meier
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600422
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 10, 2015 | A | 95,000 | $0.00 | A | 8,919,860 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted common stock granted by the Board of Directors of the Issuer (the "Board") as incentive compensation. The shares of restricted common stock will vest in accordance with the following vesting schedule: 33 ?% of the shares of restricted common stock vested on the date of grant, 33 ?% of the shares of restricted common stock will vest on the first anniversary of the date of grant and 33 ?% of the shares of restricted common stock will vest on the second anniversary on the date of grant.