4//SEC Filing
Davis Sharon C 4
Accession 0000002178-22-000024
CIK 0000002178other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:47 PM ET
Size
18.0 KB
Accession
0000002178-22-000024
Insider Transaction Report
Form 4
Davis Sharon C
EVP, COO & CAO
Transactions
- Exercise/Conversion
Common stock
2022-03-01+337→ 2,444 total - Award
Restricted stock units
2022-03-01+944→ 2,152 total→ Common stock (944 underlying) - Award
Performance share units
2022-03-01+944→ 2,836 total→ Common stock (944 underlying) - Exercise/Conversion
Common stock
2022-03-01+302→ 2,107 total - Exercise/Conversion
Restricted stock units
2022-03-01−302→ 1,545 total→ Common stock (302 underlying) - Tax Payment
Common stock
2022-03-01$31.80/sh−157$4,993→ 2,287 total - Exercise/Conversion
Restricted stock units
2022-03-01−337→ 1,208 total→ Common stock (337 underlying)
Footnotes (7)
- [F1]The reporting person was previously granted 907 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
- [F2]Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.
- [F3]The reporting person was previously granted 1,012 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
- [F4]The reporting person received a grant of 944 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
- [F5]The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2023, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).
- [F6]The reporting person received a grant of 944 performance share units of Adams Resources & Energy, Inc. on March 1, 2022. The performance share units will vest on March 1, 2025, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in certain circumstances), and subject to the attainment of certain performance criteria as specified in the award agreement.
- [F7]Total includes 906 performance share units previously awarded on March 9, 2020 that vest on March 1, 2023, as reported. An additional 348 performance share units are the result of the achievement of applicable performance conditions during the 2020 period. Total also includes 638 performance share units previously awarded on March 1, 2021 that vest on March 1, 2024, as reported. The remaining 373 performance share units awarded on March 1, 2021 will not vest on the basis of the applicable performance conditions set for the in the award agreement and are no longer held by the reporting person.
Documents
Issuer
ADAMS RESOURCES & ENERGY, INC.
CIK 0000002178
Entity typeother
Related Parties
1- filerCIK 0001488462
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:47 PM ET
- Size
- 18.0 KB