SEC Form 4 · accession 0001144204-16-089386
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
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 10:45 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001600422
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F1 | $1.67 | Mar 18, 2016 | A | 20,681 | A | Mar 18, 2016 | Mar 18, 2026 | Common Stock | 20,681 | 20,681 | D |
Explanation of responses
- F1This option was issued to the reporting person pursuant to the Superior Drilling Products, Inc. 2015 Incentive Plan in lieu of $11,788 of base salary earned for the period from February 28, 2016 to March 11, 2016.