Sec Form 4 Filing - Beatty Sheri L @ SAExploration Holdings, Inc. - 2013-12-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Beatty Sheri L
2. Issuer Name and Ticker or Trading Symbol
SAExploration Holdings, Inc. [ SAEX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of 10% owner group
(Last) (First) (Middle)
59 WESTPOINT COURT SW
3. Date of Earliest Transaction (MM/DD/YY)
12/27/2013
(Street)
CALGARY, A0T3H 4M7
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/27/2013 P 6,800 A $ 8.0043 6,778,864 I Through group membership ( 1 ) ( 2 ) ( 3 )
Common Stock 12/30/2013 P 40,000 A $ 8.5552 6,818,864 I Through group membership ( 1 ) ( 2 ) ( 3 )
Common Stock 12/31/2013 P 11,200 A $ 8.7207 6,830,064 I Through group membership ( 1 ) ( 2 ) ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Beatty Sheri L
59 WESTPOINT COURT SW
CALGARY, A0T3H 4M7
Member of 10% owner group
Seismic Management, LLP
59 WESTPOINT COURT SW
CALGARY, A0T3H 4M7
Member of 10% owner group
Seismic Management Holdings, Inc.
59 WESTPOINT COURT SW
CALGARY, A0T3H 4M7
Member of 10% owner group
Signatures
/s/ Sheri L. Beatty 01/02/2014
Signature of Reporting Person Date
/s/ Brian A. Beatty, Seismic Management, LLP 01/02/2014
Signature of Reporting Person Date
/s/ Brian A. Beatty, Seismic Management Holdings, Inc. 01/02/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Seismic Management Holdings, Inc. ("Seismic Holdings") is a corporation formed under the laws of the Province of Alberta, Canada, and is wholly owned by Seismic Management, LLP ("Seismic LLP"), which is an Alaska limited liability partnership controlled by Sheri L. Beatty ("Mrs. Beatty") and her husband, Brian A. Beatty ("Mr. Beatty").
( 2 )Mrs. Beatty, Mr. Beatty, Seismic Holdings and Seismic LLP are each a member of a "group" with Jeff Hastings, CLCH, LLC and Brent Whiteley for purposes of Section 13(d) of the Exchange Act.
( 3 )Jeff Hastings directly owns these shares (the "Hastings Shares"). Mrs. Beatty, Mr. Beatty, Seismic Holdings and Seismic LLP have a beneficial ownership interest in the Hastings Shares through their group membership.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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