4//SEC Filing
Lannen Eric 4
Accession 0001109189-20-000093
CIK 0001109189other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 9:43 PM ET
Size
8.7 KB
Accession
0001109189-20-000093
Insider Transaction Report
Form 4
Lannen Eric
Vice President -Human Resource
Transactions
- Exercise/Conversion
Common Stock
2020-05-15+8,421→ 76,533 total - Exercise/Conversion
Time-Based Phantom Shares
2020-05-15−8,421→ 16,842 total→ Common Stock (8,421 underlying) - Disposition to Issuer
Common Stock
2020-05-15$0.29/sh−8,421$2,442→ 68,112 total
Footnotes (2)
- [F1]Represents vesting of cash-settled time-based phantom shares (the "Phantom Shares") granted under the Basic Energy Services, Inc. 2019 Long Term Incentive Plan. Each 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. The settlement of the Phantom Shares for cash is reported on this Form 4 as a disposition of the Phantom Shares being settled in exchange for the acquisition of the underlying Company common stock, and a simultaneous disposition of the underlying Company common stock to the Company for cash.
- [F2]5/15/2020
Documents
Issuer
BASIC ENERGY SERVICES, INC.
CIK 0001109189
Entity typeother
Related Parties
1- filerCIK 0001649974
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 9:43 PM ET
- Size
- 8.7 KB