WEST FRANKLIN C 4
4 · PIONEER ENERGY SERVICES CORP · Filed May 15, 2013
Insider Transaction Report
Form 4
WEST FRANKLIN C
Exec. VP/COO
Transactions
- Exercise/Conversion
Common Stock
2013-05-14$4.77/sh+100,000$477,000→ 298,754 total - Sale
Common Stock
2013-05-14$7.48/sh−74,376$556,422→ 224,378 total - Exercise/Conversion
Employee stock option (Right to buy)
2013-05-14−100,000→ 0 totalExercise: $4.77Exp: 2014-01-05→ Common stock (100,000 underlying)
Footnotes (2)
- [F1]This price is a weighted average. These 74,376 shares were sold in multiple transactions ranging from $7.33 to $7.57, inclusive. The reporting person undertakes to provide Pioneer Energy Services Corp, any security holder of Pioneer Energy Services Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The option became exercisable in five equal installments on Janaury 5, 2005, January 5, 2006, January 5, 2007, January 5, 2008 and January 5, 2009.