Home/Filings/4/0001109189-20-000002
4//SEC Filing

Rogers Doug 4

Accession 0001109189-20-000002

CIK 0001109189other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 5:35 PM ET

Size

9.6 KB

Accession

0001109189-20-000002

Insider Transaction Report

Form 4
Period: 2020-01-05
Rogers Doug
VP - Marketing
Transactions
  • Disposition to Issuer

    Time-Based Phantom Shares

    2020-01-0515,4920 total
    Common Stock (15,492 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2020-01-0520,6870 total
    Common Stock (20,687 underlying)
  • Disposition to Issuer

    Common Stock

    2020-01-0515,49225,169 total
Footnotes (3)
  • [F1]Represents the forfeiture of 15,492 shares of time vesting restricted stock granted under the Basic Energy Services, Inc. 2019 Long Term Incentive Plan, (the "LTIP"), which were set to vest in one-third increments on May 15, 2020, 2021 and 2022.
  • [F2]Represents the forfeiture of restricted stock units of the Company, which convert into common stock on a one-for-one basis and were set to vest in two annual installments, on March 15, 2020 and 2021.
  • [F3]Represents the forfeiture of cash-settled time-based phantom shares granted under the LTIP, which were set to vest 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.

Issuer

BASIC ENERGY SERVICES, INC.

CIK 0001109189

Entity typeother

Related Parties

1
  • filerCIK 0001458848

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:35 PM ET
Size
9.6 KB