4//SEC Filing
KEY ENERGY SERVICES INC 4
Accession 0000899243-16-036210
CIK 0000318996operating
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 6:50 PM ET
Size
11.5 KB
Accession
0000899243-16-036210
Insider Transaction Report
Form 4
Rosenberg Mark H
Director
Transactions
- Other
Common Stock ($0.01 par value)
2016-12-15+599→ 599 total - Other
Common Stock ($0.10 par value)
2016-12-15−117,403→ 0 total - Purchase
Warrant (right to buy)
2016-12-15+675→ 675 totalExercise: $43.52Exp: 2020-12-15→ Common Stock ($0.01 par value) (675 underlying) - Purchase
Warrant (right to buy)
2016-12-15+675→ 1,350 totalExercise: $54.40Exp: 2021-12-15→ Common Stock ($0.01 par value) (675 underlying)
Footnotes (2)
- [F1]In connection with the Issuer's reorganization pursuant to bankruptcy, all unvested restricted stock awards received 100% accelerated vesting. Pursuant to a reclassification exempt under Rule 16b-7, each then-vested share of Common Stock ($0.10 par value) was cancelled, and new vested securities (Common Stock at $0.01 par value) were issued to the insider, along with warrants described below.
- [F2]The warrant will be exercisable for one share of Common Stock ($0.01 par value) on the earlier to occur of the expiration date or the date of completion of a merger, sale or other reorganization transaction that results in the Common Stock being converted into cash.
Documents
Issuer
KEY ENERGY SERVICES INC
CIK 0000318996
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000318996
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 6:50 PM ET
- Size
- 11.5 KB