LOCKE STACY 4
4 · PIONEER ENERGY SERVICES CORP · Filed May 1, 2020
Insider Transaction Report
Form 4
LOCKE STACY
DirectorPres/CEO
Transactions
- Tax Payment
Common Stock
2020-04-30$0.02/sh−38,726$775→ 1,375,214 total - Award
Common Stock
2020-04-30+159,040→ 1,413,940 total
Holdings
- 25,000(indirect: By Trust)
Common Stock
- 180,334(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]These shares were issued pursuant to the vesting of shares under a performance-based restricted stock unit award granted under the Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan. The performance criteria achieved was based upon the Company's EBITDA growth, EBITDA return on capital employed, and total shareholder return growth versus a defined group of eleven peer companies over a three-year performance period.
- [F2]These shares were withheld by the issuer to pay for the applicable withholding tax due upon vesting.
- [F3]The reporting person is the sole trustee and primary beneficiary of the Wm Stacy Locke Trust of 2010 (the "2010 Trust").