SEC Form 4 · accession 0001493152-17-009595
Superior Drilling Products, Inc. · SDPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Iversen
Director
Period of report
Aug 16, 2017
Accepted (ET)
Aug 18, 2017 · 5:00 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 16, 2017 | P | 36,000 | $0.69 | A | 147,385 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes (a) 23,734 shares of restricted common stock that vests in accordance with the following vesting schedule: 33 1/3% of the shares of restricted common stock vested on August 10, 2016, 33 1/3% of the shares of restricted common stock vested on August 10, 2017 and 33 1/3% of the shares of restricted common stock will vest on August 10, 2018 and (b) 54,380 of restricted common stock that vests in accordance with the following vesting schedule: 33 1/3% of the shares of restricted common stock will vest on November 10, 2017, 33 1/3% of the shares of restricted common stock will vest on November 10, 2018, and 33 1/3% of the shares of restricted common stock will vest on November 10, 2019.