4//SEC Filing
Neal Charles C 4
Accession 0001209191-09-004173
CIK 0001323715other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:27 PM ET
Size
6.6 KB
Accession
0001209191-09-004173
Insider Transaction Report
Form 4
Neal Charles C
Director
Transactions
- Award
Common Stock
2009-01-20$1.00/sh+3,000$3,000→ 17,000 total
Holdings
- 5,000(indirect: See footnote (2))
Common Stock
Footnotes (2)
- [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 Charles C. Neal through Chas. A. Neal & Company, which directly owns the 5,000 shares. Charles C. Neal is a director and the President of Chas. A. Neal & Company, and, as such, he may be deemed to have voting and dispositive power over the shares directly owned by Chas. A. Neal & Company. Mr. Charles C. Neal disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Superior Well Services, INC
CIK 0001323715
Entity typeother
Related Parties
1- filerCIK 0001333321
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:27 PM ET
- Size
- 6.6 KB