Wegner Richard Scott 4
4 · BASIC ENERGY SERVICES INC · Filed May 17, 2019
Insider Transaction Report
Form 4
Wegner Richard Scott
See Remarks
Transactions
- Award
Common Stock
2019-05-15+10,533→ 17,083 total - Award
Time-Based Phantom Shares
2019-05-15+10,533→ 10,533 total→ Common Stock (10,533 underlying)
Footnotes (2)
- [F1]Shares of restricted stock granted under the Basic Energy Services, Inc. 2019 Long Term Incentive Plan, (the "LTIP") vesting in one-third increments on May 15, 2020, 2021 and 2022.
- [F2]Cash-settled time-based phantom shares granted under the LTIP, vesting in one-third increments on May 15, 2020, 2021 and 2022. Each cash-settled time-based phantom share is the economic equivalent of one share of Company common stock, subject to a maximum settlement amount of $9.00 per phantom share.