BASIC ENERGY SERVICES INC 4
4 · BASIC ENERGY SERVICES INC · Filed May 30, 2017
Insider Transaction Report
Form 4
DiNello Anthony Joseph
Director
Transactions
- Award
Common Stock
2017-05-25+4,300→ 4,300 total
Footnotes (1)
- [F1]Represents a grant of 4,300 time based restricted shares to the reporting person, a director of the issuer and employee of Silver Point Capital, L.P. ("Silver Point"), that was awarded pursuant to the Basic Energy Services, Inc. Non-Employee Director Incentive Plan. These restricted shares will vest on March 13, 2018. The reporting person has an understanding with Silver Point pursuant to which he holds such restricted shares for the benefit of Silver Point and certain of its affiliates. Accordingly, the reporting person disclaims beneficial ownership of the restricted shares except to the extent of his pecuniary interest therein.