4//SEC Filing
Wegner Richard Scott 4
Accession 0001109189-20-000023
CIK 0001109189other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:13 PM ET
Size
9.0 KB
Accession
0001109189-20-000023
Insider Transaction Report
Form 4
Wegner Richard Scott
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2020-02-22+2,698→ 19,781 total - Tax Payment
Common Stock
2020-02-22$0.20/sh−732$150→ 19,049 total - Exercise/Conversion
Restricted Stock Units
2020-02-22+2,698→ 1,758 total→ Common Stock (2,698 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 8,094 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 2,637 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 0001751690
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:13 PM ET
- Size
- 9.0 KB