4//SEC Filing
Newman James F. 4
Accession 0001109189-20-000022
CIK 0001109189other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:12 PM ET
Size
9.0 KB
Accession
0001109189-20-000022
Insider Transaction Report
Form 4
Newman James F.
Group VP-Completion & Remedial
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-02-22+29,679→ 10,640 total→ Common Stock (29,679 underlying) - Exercise/Conversion
Common Stock
2020-02-22+29,679→ 171,374 total - Tax Payment
Common Stock
2020-02-22$0.20/sh−6,612$1,355→ 164,762 total
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 89,036 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 15,962 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 0001450261
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:12 PM ET
- Size
- 9.0 KB