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4//SEC Filing

Poldrack Lanny Trampas 4

Accession 0001109189-18-000164

CIK 0001109189other

Filed

Dec 25, 7:00 PM ET

Accepted

Dec 26, 5:15 PM ET

Size

9.0 KB

Accession

0001109189-18-000164

Insider Transaction Report

Form 4
Period: 2018-12-23
Poldrack Lanny Trampas
VP Safety and Operations
Transactions
  • Tax Payment

    Common Stock

    2018-12-23$4.16/sh1,981$8,24112,831 total
  • Exercise/Conversion

    Restricted Stock Units

    2018-12-238,09422,132 total
    Common Stock (8,094 underlying)
  • Exercise/Conversion

    Common Stock

    2018-12-23+8,09414,812 total
Footnotes (3)
  • [F1]Restricted stock units converted into shares of 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 December 21, 2018. Such shares were acquired as treasury stock by the Issuer.
  • [F3]On December 23, 2016, the Reporting Person was granted 24,283 restricted stock units, which vested in three equal annual installments beginning on December 23, 2016. On February 8, 2018, the Reporting Person (i) earned 24,283 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 5,944 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.

Issuer

BASIC ENERGY SERVICES INC

CIK 0001109189

Entity typeother

Related Parties

1
  • filerCIK 0001544000

Filing Metadata

Form type
4
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 5:15 PM ET
Size
9.0 KB