Earley Michelle A 4
4 · ADAMS RESOURCES & ENERGY, INC. · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Earley Michelle A
Director
Transactions
- Exercise/Conversion
Common stock
2023-03-01+500→ 2,280 total - Exercise/Conversion
Restricted stock units
2023-03-01−500→ 0 total→ Common stock (500 underlying) - Award
Restricted stock units
2023-03-01+366→ 366 total→ Common stock (366 underlying)
Footnotes (3)
- [F1]The reporting person previously received a grant of 500 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2022 and vesting on March 1, 2023. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
- [F2]The reporting person received a grant of 366 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2023. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
- [F3]The restricted stock units will vest (i.e., the restrictions will lapse) on March 1, 2024, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).