4//SEC Filing
Newman James F. 4
Accession 0001109189-19-000055
CIK 0001109189other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 6:50 PM ET
Size
8.8 KB
Accession
0001109189-19-000055
Insider Transaction Report
Form 4
Newman James F.
Group VP-Completion & Remedial
Transactions
- Tax Payment
Common Stock
2019-03-15$4.59/sh−1,269$5,825→ 100,028 total - Exercise/Conversion
Common Stock
2019-03-15+5,321→ 101,297 total - Exercise/Conversion
Restricted Stock Units
2019-03-15−5,321→ 40,318 total→ Common Stock (5,321 underlying)
Footnotes (3)
- [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 March 15, 2019. Such shares were acquired as treasury stock by the Issuer.
- [F3]On February 8, 2018, the Reporting Person (i) earned 89,036 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 15,962 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.
Documents
Issuer
BASIC ENERGY SERVICES INC
CIK 0001109189
Entity typeother
Related Parties
1- filerCIK 0001450261
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 6:50 PM ET
- Size
- 8.8 KB