Bosard Trey T 4
4 · ADAMS RESOURCES & ENERGY, INC. · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Bosard Trey T
President, Phoenix Oil, Inc.
Transactions
- Award
Restricted stock units
2023-03-01+224→ 15,483 total→ Common stock (224 underlying) - Award
Performance share units
2023-03-01+224→ 224 total→ Common stock (224 underlying)
Footnotes (4)
- [F1]The reporting person received a grant of 224 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.
- [F2]The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2024, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).
- [F3]Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.
- [F4]The reporting person received a grant of 224 performance share units of Adams Resources & Energy, Inc. on March 1, 2023. The performance share units will vest on March 1, 2026, 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.