4//SEC Filing
WATSON ROBERT L G 4
Accession 0001140361-18-017102
CIK 0000867665other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:31 PM ET
Size
21.4 KB
Accession
0001140361-18-017102
Insider Transaction Report
Form 4
WATSON ROBERT L G
President/CEO
Transactions
- Purchase
Abraxas Petroleum Common Stock
2018-03-31$2.20/sh+7,478$16,452→ 61,365 total(indirect: 401-K) - Award
Abraxas Petroleum Common Stock
2018-04-01$2.19/sh+52,511$114,999→ 1,394,867 total - Exercise/Conversion
Performance-based Restricted Stock Unit
2018-04-01$2.19/sh+52,511$114,999→ 0 totalExercise: $0.00→ Abraxas Petroleum Common Stock (52,511 underlying)
Holdings
- 415,000
Employee Stock Option
Exercise: $0.97From: 2017-03-15Exp: 2026-03-15→ Abraxas Petroleum Common Stock (415,000 underlying) - 300,000
Employee Stock Option
Exercise: $3.16From: 2016-03-03Exp: 2025-03-03→ Abraxas Petroleum Common Stock (300,000 underlying) - 46,000
Employee Stock Option
Exercise: $3.15From: 2016-03-11Exp: 2025-03-11→ Abraxas Petroleum Common Stock (46,000 underlying) - 42,000
Employee Stock Option
Exercise: $2.39From: 2014-05-14Exp: 2023-05-14→ Abraxas Petroleum Common Stock (42,000 underlying) - 20,000
Employee Stock Option
Exercise: $3.74From: 2013-03-08Exp: 2022-03-08→ Abraxas Petroleum Common Stock (20,000 underlying) - 60,000
Employee Stock Option
Exercise: $4.72From: 2012-03-15Exp: 2021-03-15→ Abraxas Petroleum Common Stock (60,000 underlying) - 267,750
Employee Stock Option
Exercise: $1.75From: 2010-10-05Exp: 2019-10-05→ Abraxas Petroleum Common Stock (267,750 underlying) - 41,624
Employee Stock Option
Exercise: $3.60From: 2011-08-28Exp: 2017-08-28→ Abraxas Petroleum Common Stock (41,624 underlying) - 90,000
Employee Stock Option
Exercise: $2.09From: 2011-03-16Exp: 2020-03-16→ Abraxas Petroleum Common Stock (90,000 underlying) - 125,000
Employee Stock Option
Exercise: $0.99From: 2010-03-17Exp: 2019-03-17→ Abraxas Petroleum Common Stock (125,000 underlying)
Footnotes (3)
- [F1]401-K shares acquired as a result of Abraxas Petroleum safe harbor match for calendar year 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 RSU is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three year period beginning April 1, 2018 and ending April 1, 2021.
- [F3]Unless earlier forfeited under the terms of the performance-based RSUs, each performance based vest and converts into no more than 200% of one share of Abraxas Petroleum common stock.
Documents
Issuer
ABRAXAS PETROLEUM CORP
CIK 0000867665
Entity typeother
Related Parties
1- filerCIK 0001070035
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:31 PM ET
- Size
- 21.4 KB