X0306 4 2019-03-29 0 0001514732 SAExploration Holdings, Inc. SAEX 0001580861 Silvernagle Darin 29131 TOWNSHIP RD 264 ROCKY VIEW COUNTY A0 T4A 0N3 ALBERTA, CANADA 0 1 0 0 VP - Marine Common Stock 7373 D Restricted Stock Unit Common Stock 12946 D Restricted Stock Unit 2019-03-29 2019-03-29 4 A 0 7055 0.00 A Common Stock 7055 20001 D Restricted Stock Unit 2019-03-29 2019-03-29 4 A 0 27841 0.00 A Common Stock 27841 47842 D Adjusted to reflect the one-for-twenty reverse stock split that occurred on September 14, 2018. Restricted stock units ("RSUs") were issued pursuant to the SAExploration Holdings, Inc. (the "Company") Amended and Restated 2018 Long-Term Incentive Plan (the "Plan") as a long-term incentive award based on 2018 performance. The RSUs vest on September 29, 2020 and convert into shares of common stock on a one-for-one basis. These RSUs were issued pursuant to the Plan as additional management incentive plan ("MIP") awards due under the terms of the employment agreement between the Company and the reporting person (the "True-Up MIP Awards"). These True-Up MIP Awards vest 50% on April 12, 2019 and 50% on January 29, 2021 and will convert into shares of common stock on a one for one basis. Darin Silvernagle 2019-04-10