4//SEC Filing
C&J Energy Services, Inc. 4
Accession 0000899243-17-002975
CIK 0001615817operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 6:48 PM ET
Size
10.2 KB
Accession
0000899243-17-002975
Insider Transaction Report
Form 4
Hobbs Everett Michael
President - Well Services
Transactions
- Tax Payment
Common Stock
2017-02-05$42.65/sh−8,465$361,032→ 50,884 total - Award
Common Stock
2017-02-05+59,349→ 59,349 total - Award
Non-qualified Stock Option
2017-02-05+41,078→ 41,078 totalExercise: $42.65Exp: 2027-02-05→ Common Stock (41,078 underlying)
Footnotes (3)
- [F1]These shares of restricted stock, granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan, are subject to a time-based vesting schedule that is contingent on continued employment such that: (i) 34% of the shares vest immediately on the date of grant, (ii) 22% of the shares vest on the first anniversary of the date of grant, (iii) 22% of the shares vest on the second anniversary of the date of grant and (iv) 22% of the shares vest on the third anniversary of the date of grant.
- [F2]Represents shares that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of restricted stock. The value of such shares is based on a reasonable determination made by the Issuer that takes into account recent trades involving the Issuer's common stock.
- [F3]These options, granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan, are subject to a time-based vesting schedule that is contingent on continued employment such that: (i) 34% of the options vest and become exercisable immediately on the date of grant, (ii) 22% of the options vest and become exercisable on the first anniversary of the date of grant, (iii) 22% of the options vest and become exercisable on the second anniversary of the date of grant and (iv) 22% of the options vest and become exercisable on the third anniversary of the date of grant, in each case, subject to the earlier expiration of the options.
Documents
Issuer
C&J Energy Services, Inc.
CIK 0001615817
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001615817
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 6:48 PM ET
- Size
- 10.2 KB