WHITEBOX ADVISORS LLC reported 16 transactions at SAEXPLORATION HOLDINGS, INC.

Review the transaction codes below to understand the nature of each event.

WHITEBOX ADVISORS LLC

Filed: 7/30/2020ACC: 0000919574-20-004743

InsiderWHITEBOX ADVISORS LLCCIK 1257391

→

IssuerSAEXPLORATION HOLDINGS, INC.CIK 1514732

10% Owner

Since Jul 2018

-55.62M

Net shares

Net seller

$359.23

Total sold

Open market trades

0B · 0S

Total transactions

3.51M acquired · 59.13M disposed

Non-Derivative Transactions16

Common Stock, $0.0001 par value

Indirect

X · X

+122.30K

Price / share

$0.00

Trade value

$12.23

% of position

76.2%

7/28/2020

160.48K→282.78K

Common Stock, $0.0001 par value

Indirect

J · J

−13.00

Price / share

$1.10

Trade value

$14.24

% of position

0.0%

7/28/2020

282.78K→282.77K

Common Stock, $0.0001 par value

Direct

X · X

+72.92K

Price / share

$0.00

Trade value

$7.29

% of position

74.3%

7/28/2020

98.09K→171.02K

Common Stock, $0.0001 par value

Direct

J · J

−7.00

Price / share

$1.10

Trade value

$7.67

% of position

0.0%

7/28/2020

171.02K→171.01K

Common Stock, $0.0001 par value

Indirect

X · X

+249.89K

Price / share

$0.00

Trade value

$24.99

% of position

88.4%

7/28/2020

282.77K→532.65K

Common Stock, $0.0001 par value

Indirect

J · J

−25.00

Price / share

$1.10

Trade value

$27.38

% of position

0.0%

7/28/2020

532.65K→532.63K

Common Stock, $0.0001 par value

Direct

X · X

+149K

Price / share

$0.00

Trade value

$14.90

% of position

87.1%

7/28/2020

171.01K→320K

Common Stock, $0.0001 par value

Direct

J · J

−14.00

Price / share

$1.10

Trade value

$15.33

% of position

0.0%

7/28/2020

320K→319.99K

Common Stock, $0.0001 par value

Indirect

X · X

+1.46M

Price / share

$0.00

Trade value

$146.17

% of position

274.4%

7/28/2020

532.63K→1.99M

Common Stock, $0.0001 par value

Indirect

J · J

−135.00

Price / share

$1.10

Trade value

$147.85

% of position

0.0%

7/28/2020

1.99M→1.99M

Common Stock, $0.0001 par value

Direct

X · X

+871.35K

Price / share

$0.00

Trade value

$87.14

% of position

272.3%

7/28/2020

319.99K→1.19M

Common Stock, $0.0001 par value

Direct

J · J

−80.00

Price / share

$1.10

Trade value

$87.62

% of position

0.0%

7/28/2020

1.19M→1.19M

Common Stock, $0.0001 par value

Indirect

X · X

+342.37K

Price / share

$0.00

Trade value

$34.24

% of position

17.2%

7/28/2020

1.99M→2.34M

Common Stock, $0.0001 par value

Indirect

J · J

−32.00

Price / share

$1.10

Trade value

$35.05

% of position

0.0%

7/28/2020

2.34M→2.34M

Common Stock, $0.0001 par value

Direct

X · X

+239.83K

Price / share

$0.00

Trade value

$23.98

% of position

20.1%

7/28/2020

1.19M→1.43M

Common Stock, $0.0001 par value

Direct

J · J

−22.00

Price / share

$1.10

Trade value

$24.09

% of position

0.0%

7/28/2020

1.43M→1.43M

Total

Net shares

+3.51M

Net value

-$8.29

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.0001 par value Indirect	7/28/2020	X · X	+122.30K	$0.00	$12.23	76.2%	160.48K	282.78K
Common Stock, $0.0001 par value Indirect	7/28/2020	J · J	−13.00	$1.10	$14.24	0.0%	282.78K	282.77K
Common Stock, $0.0001 par value Direct	7/28/2020	X · X	+72.92K	$0.00	$7.29	74.3%	98.09K	171.02K
Common Stock, $0.0001 par value Direct	7/28/2020	J · J	−7.00	$1.10	$7.67	0.0%	171.02K	171.01K
Common Stock, $0.0001 par value Indirect	7/28/2020	X · X	+249.89K	$0.00	$24.99	88.4%	282.77K	532.65K
Common Stock, $0.0001 par value Indirect	7/28/2020	J · J	−25.00	$1.10	$27.38	0.0%	532.65K	532.63K
Common Stock, $0.0001 par value Direct	7/28/2020	X · X	+149K	$0.00	$14.90	87.1%	171.01K	320K
Common Stock, $0.0001 par value Direct	7/28/2020	J · J	−14.00	$1.10	$15.33	0.0%	320K	319.99K
Common Stock, $0.0001 par value Indirect	7/28/2020	X · X	+1.46M	$0.00	$146.17	274.4%	532.63K	1.99M
Common Stock, $0.0001 par value Indirect	7/28/2020	J · J	−135.00	$1.10	$147.85	0.0%	1.99M	1.99M
Common Stock, $0.0001 par value Direct	7/28/2020	X · X	+871.35K	$0.00	$87.14	272.3%	319.99K	1.19M
Common Stock, $0.0001 par value Direct	7/28/2020	J · J	−80.00	$1.10	$87.62	0.0%	1.19M	1.19M
Common Stock, $0.0001 par value Indirect	7/28/2020	X · X	+342.37K	$0.00	$34.24	17.2%	1.99M	2.34M
Common Stock, $0.0001 par value Indirect	7/28/2020	J · J	−32.00	$1.10	$35.05	0.0%	2.34M	2.34M
Common Stock, $0.0001 par value Direct	7/28/2020	X · X	+239.83K	$0.00	$23.98	20.1%	1.19M	1.43M
Common Stock, $0.0001 par value Direct	7/28/2020	J · J	−22.00	$1.10	$24.09	0.0%	1.43M	1.43M
Total			+3.51M		-$8.29

Derivative Transactions8

Series C Warrants

Indirect

X · X

Converts to

Common Stock, $0.0001 par value

122.30K shares

−2.45M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series C Warrants

Direct

X · X

Converts to

Common Stock, $0.0001 par value

72.92K shares

−1.46M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series D Warrants

Indirect

X · X

Converts to

Common Stock, $0.0001 par value

249.89K shares

−5M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series D Warrants

Direct

X · X

Converts to

Common Stock, $0.0001 par value

149K shares

−2.98M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series E Warrants

Indirect

X · X

Converts to

Common Stock, $0.0001 par value

1.46M shares

−29.23M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series E Warrants

Direct

X · X

Converts to

Common Stock, $0.0001 par value

871.35K shares

−17.43M

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series F Warrants

Indirect

X · X

Converts to

Common Stock, $0.0001 par value

342.37K shares

−342.37K

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Series F Warrants

Direct

X · X

Converts to

Common Stock, $0.0001 par value

239.83K shares

−239.83K

Strike price

Held after

0.00

Exercisable

—

7/28/2020

Security	Converts To	Date	Type	Shares	Exercisable
Series C Warrants Indirect	Common Stock, $0.0001 par value122.30K shares	7/28/2020	X · X	−2.45M	—
Series C Warrants Direct	Common Stock, $0.0001 par value72.92K shares	7/28/2020	X · X	−1.46M	—
Series D Warrants Indirect	Common Stock, $0.0001 par value249.89K shares	7/28/2020	X · X	−5M	—
Series D Warrants Direct	Common Stock, $0.0001 par value149K shares	7/28/2020	X · X	−2.98M	—
Series E Warrants Indirect	Common Stock, $0.0001 par value1.46M shares	7/28/2020	X · X	−29.23M	—
Series E Warrants Direct	Common Stock, $0.0001 par value871.35K shares	7/28/2020	X · X	−17.43M	—
Series F Warrants Indirect	Common Stock, $0.0001 par value342.37K shares	7/28/2020	X · X	−342.37K	—
Series F Warrants Direct	Common Stock, $0.0001 par value239.83K shares	7/28/2020	X · X	−239.83K	—