4//SEC Filing
Patterson Thomas Monroe 4
Accession 0001109189-19-000059
CIK 0001109189other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 6:53 PM ET
Size
8.8 KB
Accession
0001109189-19-000059
Insider Transaction Report
Form 4
Patterson Thomas Monroe
SVP - Rig and Truck Operations
Transactions
- Exercise/Conversion
Common Stock
2019-03-15+14,872→ 302,774 total - Exercise/Conversion
Restricted Stock Units
2019-03-15−14,872→ 113,383 total→ Common Stock (14,872 underlying) - Tax Payment
Common Stock
2019-03-15$4.59/sh−3,547$16,281→ 299,227 total
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 250,920 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 44,615 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 0001355893
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 6:53 PM ET
- Size
- 8.8 KB