4//SEC Filing
DAY TIMOTHY H 4
Accession 0001109189-20-000052
CIK 0001109189other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 7:16 PM ET
Size
8.6 KB
Accession
0001109189-20-000052
Insider Transaction Report
Form 4
DAY TIMOTHY H
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-03-09−15,500→ 0 total→ Common Stock (15,500 underlying) - Exercise/Conversion
Common Stock
2020-03-09+15,500→ 107,100 total - Exercise/Conversion
Common Stock
2020-03-09$0.13/sh−15,500$2,015→ 91,600 total
Footnotes (2)
- [F1]The Board of Directors of the issuer approved accelerated vesting of the Reporting Person's restricted stock units that were otherwise scheduled to vest on May 15, 2020. On March 9, 2020, the restricted stock units were settled in cash based on the closing price on March 9, 2020 of $0.13.
- [F2]Each time-based restricted stock unit granted under the Basic Energy Services, Inc. Non-Employee Director Incentive Plan is the economic equivalent of one share of the issuer's common stock and must be settled solely in cash, subject to a maximum settlement amount of $9.00 per such restricted stock unit.
Documents
Issuer
BASIC ENERGY SERVICES, INC.
CIK 0001109189
Entity typeother
Related Parties
1- filerCIK 0001202005
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 7:16 PM ET
- Size
- 8.6 KB