4//SEC Filing
LOCKE STACY 4
Accession 0001179110-20-000829
CIK 0000320575other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 5:31 PM ET
Size
20.2 KB
Accession
0001179110-20-000829
Insider Transaction Report
Form 4
LOCKE STACY
DirectorPres/CEO
Transactions
- Exercise/Conversion
Common Stock
2020-01-24+82,987→ 1,217,239 total - Exercise/Conversion
Phantom Stock Units
2020-01-24−82,987→ 165,974 totalFrom: 2020-01-24Exp: 2020-01-24→ Common Stock (82,987 underlying) - Exercise/Conversion
Common Stock
2020-01-24+82,987→ 1,275,621 total - Exercise/Conversion
Restricted Stock Units
2020-01-24−82,987→ 165,974 total→ Common Stock (82,987 underlying) - Disposition to Issuer
Common Stock
2020-01-24$0.03/sh−82,987$2,490→ 1,192,634 total - Exercise/Conversion
Restricted Stock Units
2020-01-25−88,509→ 88,510 total→ Common Stock (88,509 underlying) - Tax Payment
Common Stock
2020-01-24$0.04/sh−24,605$984→ 1,192,634 total - Exercise/Conversion
Common Stock
2020-01-25+88,509→ 1,281,143 total - Tax Payment
Common Stock
2020-01-25$0.04/sh−26,243$1,050→ 1,254,900 total
Holdings
- 25,000(indirect: By Trust)
Common Stock
- 180,334(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Restricted Stock Units convert into common stock on a one-for-one basis.
- [F2]The reporting person is the sole trustee and primary beneficiary of the Wm Stacy Locke Trust of 2010 (the "2010 Trust").
- [F3]On January 24, 2019, the reporting person was granted 248,961 restricted stock units, vesting one-third on January 24,2020, one-third on January 24,2021, and the final one-third on January 24,2022.
- [F4]On January 25, 2018, the reporting person was granted 265,528 restricted stock units, vesting one-third on January 25,2019, one-third on January 25,2020, and the final one-third on January 25,2021.
- [F5]Each Phantom Stock Unit is the economic equivalent of one share of the Company's common stock. The reporting person settled his shares of phantom stock units in cash. The cash payment is based upon the average closing price of the Company's common stock for the last fourteen (14) days in December 2019, which was $.03.
Documents
Issuer
PIONEER ENERGY SERVICES CORP
CIK 0000320575
Entity typeother
Related Parties
1- filerCIK 0001185173
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 5:31 PM ET
- Size
- 20.2 KB