MICHAEL RONCA V. - 12 Aug 2022 Form 4 Insider Report for Superior Drilling Products, Inc.

Role
Director
Signature
/s/ Christopher Cashion, attorney-in-fact
Issuer symbol
N/A
Transactions as of
12 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 17:00:21 UTC
Previous filing
11 Aug 2021
Next filing
14 Aug 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SDPI Restricted Stock Unit Award $0 +75,000 $0.000000 75,000 12 Aug 2022 Common Stock 75,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's restricted stock.
F2 Restricted stock units granted by the Board of Directors of the Issuer (the "Board") as compensation for service as an independent director on the Board. The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the date of grant.