Bissett John Cody 4

4 · BASIC ENERGY SERVICES INC · Filed Feb 12, 2018

Form 4

Period: 2018-02-08

VP, Controller and CAO

Transactions

Tax Payment
Common Stock
2018-02-08$17.31/sh−2,231$38,619→ 9,613 total
Award
Restricted Stock Units
2018-02-08+24,283→ 32,377 total
→ Common Stock (24,283 underlying)
Award
Stock Option (right to buy)
2018-02-08+9,713→ 9,713 total
Exercise: $41.93Exp: 2027-02-22→ Common Stock (9,713 underlying)
Award
Restricted Stock Units
2018-02-08+6,044→ 30,326 total
→ Common Stock (6,044 underlying)
Exercise/Conversion
Common Stock
2018-02-08+8,095→ 11,844 total
Exercise/Conversion
Restricted Stock Units
2018-02-08−8,095→ 24,282 total
→ Common Stock (8,095 underlying)

Footnotes (5)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]In connection with the vesting of Restricted Stock Units, the Issuer withheld vested shares of common stock and agreed to satisfy the Reporting Person's tax withholding obligations in lieu of cash. The number of vested shares withheld was based on the closing price of the Issuer's common stock on February 8, 2018. Such shares were acquired as treasury stock by the Issuer.
[F3]Represents earning of performance-based Restricted Stock Units that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies. The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2018.
[F4]The Stock Options vest in three equal annual installments beginning on February 8, 2018. Represents earning of performance-based Stock Options that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies.
[F5]The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2019.

Documents

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