4//SEC Filing
Superior Well Services, INC 4
Accession 0001209191-08-005276
CIK 0001323715operating
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 2:34 PM ET
Size
8.1 KB
Accession
0001209191-08-005276
Insider Transaction Report
Form 4
Snyder Mark A
Director10% Owner
Transactions
- Award
Common Stock
2008-01-22$1.00/sh+2,000$2,000→ 1,103,684 total
Holdings
- 119,881(indirect: See footnote 3)
Common Stock
- 1,332,827(indirect: See footnote 2)
Common Stock
Footnotes (3)
- [F1]These restricted shares were granted under the Superior Well Services, Inc.'s Restricted Stock Agreement for Non-Employee Directors. These restricted shares are subject to forfeiture restrictions based on the Reporting Person's remaining an employee of the Issuer. If the Reporting Person remains an employee of the Issuer for less than one year, the forfeiture restrictions do not lapse with respect to any of the shares. After one year's service, the forfieture restrictions lapse with respect to 15% of the shares, 30% after 2 years, 45% after 3 years, 60% after 4 years and 100% after 5 or more years.
- [F2]The reported securities are indirectly owned by Mark A. Snyder through Snyder Associated Companies, Inc., which indirectly owns the 1,332,827 shares through Snyder Industries, Inc., a wholly owned subsidiary of Snyder Associated Companies, Inc. Mr. Snyder is a shareholder of Snyder Associated Companies, Inc., serves as its Secretary and is a member of its board of directors. As such, Mr. Snyder may be deemed to have voting and dispositive power over the shares indirectly owned by Snyder Associated Companies, Inc. Mr. Snyder disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein.
- [F3]The reported securities are indirectly owned by Mark A. Snyder through Buffalo Valley Real Estate Co., which directly owns the 119,881 shares. Mr. Snyder is an executive officer and director of Buffalo Valley Real Estate Co. and, as such, he may be deemed to have voting and dispositive power over the shares directly owned by Buffalo Valley Real Estate Co. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Superior Well Services, INC
CIK 0001323715
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001323715
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 2:34 PM ET
- Size
- 8.1 KB