G. Troy Meier - Aug 10, 2023 Form 4 Insider Report for Superior Drilling Products, Inc. (SDPI)

Role
Chief Executive Officer, Director
Signature
/s/ Christopher Cashion, attorney-in-fact
Stock symbol
SDPI
Transactions as of
Aug 10, 2023
Transactions value $
$0
Form type
4
Date filed
8/14/2023, 09:27 PM
Previous filing
Aug 16, 2022
Next filing
Aug 1, 2024

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 +251K $0.00 251K Aug 10, 2023 Common Stock 251K 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 executive officer of the Issuer. The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the date of grant.