CASHIOLA MARK C. 4
4 · C&J Energy Services, Inc. · Filed Mar 30, 2018
Insider Transaction Report
Form 4
CASHIOLA MARK C.
VP-Controller
Transactions
- Tax Payment
Common Stock
2018-03-28$25.04/sh−17,364$434,795→ 39,985 total - Exercise/Conversion
Performance Shares
2018-03-28−7,755→ 0 total→ Common Stock (7,755 underlying) - Exercise/Conversion
Common Stock
2018-03-28+7,755→ 57,349 total
Footnotes (2)
- [F1]Each Performance Share represented a contingent right to receive a share of the Issuer's common stock, contingent on the achievement of certain levels of total shareholder returns (TSR) relative to a peer group established by the Compensation Committee of the Board of Directors, subject to the Reporting Person's continued employment with or provision of services to the Issuer or its affiliates through the third anniversary of the date of grant. The vesting of these Performance Shares was accelerated at the target level in connection with the Reporting Person's termination of employment with the Issuer.
- [F2]Represents shares that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the accelerated vesting of certain (i) restricted stock and (ii) performance shares in connection with the Reporting Person's termination of employment with the Issuer.