Kern James D. 4
4 · BASIC ENERGY SERVICES INC · Filed May 17, 2019
Insider Transaction Report
Form 4
Kern James D.
Director
Transactions
- Award
Common Stock
2019-05-15+20,000→ 46,100 total - Award
Restricted Stock Units
2019-05-15+7,700→ 7,700 total→ Common Stock (7,700 underlying)
Footnotes (2)
- [F1]Shares of restricted stock granted under the First Amended Basic Energy Services, Inc. Non-Employee Director Incentive Plan, as amended, (the "Plan") with 100% of the shares of restricted stock vesting on May 15, 2020.
- [F2]Time-based restricted stock units granted under the Plan, with 100% of the restricted stock units vesting on May 15, 2020. Each cash-settled restricted stock unit subject to this award is the economic equivalent of one share of the issuer's common stock and must be settled solely in cash, subject to a maximum settlement amount of $9.00 per such restricted stock unit.