4//SEC Filing
Bissett John Cody 4
Accession 0001109189-18-000018
CIK 0001109189other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 8:16 PM ET
Size
15.4 KB
Accession
0001109189-18-000018
Insider Transaction Report
Form 4
Bissett John Cody
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 totalExercise: $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
Issuer
BASIC ENERGY SERVICES INC
CIK 0001109189
Entity typeother
Related Parties
1- filerCIK 0001543993
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 8:16 PM ET
- Size
- 15.4 KB