SEC Form 4 · accession 0001209191-17-063956
ION GEOPHYSICAL CORP · IO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew R Powers
Officer — EVP, Gen Coun & Corp Secy
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 1, 2017 | A | 12,000 | $0.00 | A | 14,282 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $13.15 | holding | — | — | — | Dec 1, 2018 | Dec 1, 2028 | Common Stock | 36,000 | 36,000 | D |
Explanation of responses
- F1Restricted Stock grant issued pursuant to the ION Geophysical Corporation Second 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.
- F2Issued pursuant to the ION Geophysical Corporation Second Amended and Restated 2013 Long Term Incentive Plan and becomes exercisable in four equal annual installments beginning on the date specified in Column 6.