Home/Filings/4/0001109189-20-000020
4//SEC Filing

Taylor Brett J. 4

Accession 0001109189-20-000020

CIK 0001109189other

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 8:12 PM ET

Size

9.0 KB

Accession

0001109189-20-000020

Insider Transaction Report

Form 4
Period: 2020-02-22
Taylor Brett J.
VP, Manufacturing & Equipment
Transactions
  • Exercise/Conversion

    Common Stock

    2020-02-22+10,79357,241 total
  • Tax Payment

    Common Stock

    2020-02-22$0.20/sh2,316$47554,925 total
  • Exercise/Conversion

    Restricted Stock Units

    2020-02-22+10,7934,175 total
    Common Stock (10,793 underlying)
Footnotes (3)
  • [F1]Restricted stock units convert into shares of 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 February 21, 2020. Such shares were acquired as treasury stock by the Issuer.
  • [F3]On February 8, 2018, the Reporting Person (i) earned 32,377 performance-based Restricted Stock Units, which vested in three equal annual installments on February 8, 2018, February 8, 2019, and February 22, 2020 and (ii) was granted 6,264 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.

Issuer

BASIC ENERGY SERVICES, INC.

CIK 0001109189

Entity typeother

Related Parties

1
  • filerCIK 0001578174

Filing Metadata

Form type
4
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:12 PM ET
Size
9.0 KB