4//SEC Filing
Clarke Tod A 4
Accession 0001140361-18-017081
CIK 0000867665other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:25 PM ET
Size
20.6 KB
Accession
0001140361-18-017081
Insider Transaction Report
Form 4
Clarke Tod A
Vice President - Land
Transactions
- Purchase
Abraxas Petroleum Common Stock
2018-03-31$2.20/sh+4,729$10,404→ 28,409 total(indirect: 401-K) - Exercise/Conversion
Performance-based Restricted Stock Unit
2018-04-01+27,397→ 27,397 totalExercise: $0.00→ Abraxas Petroleum Common Stock (27,397 underlying) - Award
Abraxas Petroleum Common Stock
2018-04-01$2.19/sh+27,397$59,999→ 121,476 total
Holdings
- 5,000
Employee Stock Option
Exercise: $0.99From: 2010-03-17Exp: 2019-03-17→ Abraxas Petroleum Common Stock (5,000 underlying) - 25,000
Employee Stock Option
Exercise: $3.55From: 2012-08-09Exp: 2021-08-09→ Abraxas Petroleum Common Stock (25,000 underlying) - 18,000
Employee Stock Option
Exercise: $3.15From: 2015-03-11Exp: 2024-03-11→ Abraxas Petroleum Common Stock (18,000 underlying) - 13,300
Employee Stock Option
Exercise: $2.09From: 2011-03-16Exp: 2020-03-16→ Abraxas Petroleum Common Stock (13,300 underlying) - 17,300
Employee Stock Option
Exercise: $2.39From: 2014-05-14Exp: 2023-05-14→ Abraxas Petroleum Common Stock (17,300 underlying) - 64,000
Employee Stock Options
Exercise: $0.97From: 2017-03-15Exp: 2026-03-17→ Abraxas Petroleum Common Stock (64,000 underlying) - 10,000
Employee Stock Option
Exercise: $4.72From: 2012-03-15Exp: 2021-03-15→ Abraxas Petroleum Common Stock (10,000 underlying) - 20,775
Employee Stock Option
Exercise: $1.75From: 2010-10-05Exp: 2019-10-05→ Abraxas Petroleum Common Stock (20,775 underlying) - 5,000
Employee Stock Option
Exercise: $3.74From: 2013-03-08Exp: 2022-03-08→ Abraxas Petroleum Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Employer match to 401-K for the year ended December 31, 2017.
- [F2]Each performance-based restricted stock unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Abraxas Petroleum common stock. The resulting number of shares of Abraxas Petroleum common stock acquired upon vesting of the performance-based RSUs is contingent upon the achievement of of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on April 1, 2018 and ending on April 1, 2021.
- [F3]Unless earlier forfeited under the terms of the terms of the Performance-based RSU, each performance-based RSU vest and converts into no more than 200% of of one share of Abraxas Petroleum common stock three years after the grant date.
- [F4]Options vest 25% per year from the grant date.
Documents
Issuer
ABRAXAS PETROLEUM CORP
CIK 0000867665
Entity typeother
Related Parties
1- filerCIK 0001714742
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:25 PM ET
- Size
- 20.6 KB