Phillips Lorne 4
4 · PIONEER ENERGY SERVICES CORP · Filed May 1, 2020
Insider Transaction Report
Form 4
Phillips Lorne
Chief Financial Officer
Transactions
- Award
Common Stock
2020-04-30+43,806→ 349,544 total - Tax Payment
Common Stock
2020-04-30$0.02/sh−17,236$345→ 332,308 total
Footnotes (2)
- [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.