4//SEC Filing
DOUGLAS DENNIS C 4
Accession 0001209191-10-062649
CIK 0000318996other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 5:22 PM ET
Size
13.1 KB
Accession
0001209191-10-062649
Insider Transaction Report
Form 4
DOUGLAS DENNIS C
SVP, Fluid Managment Svcs
Transactions
- Exercise/Conversion
Phantom Stock
2010-12-22−1,875→ 0 totalExp: 2010-12-22→ Common Stock (1,875 underlying) - Exercise/Conversion
Common Stock
2010-12-22+1,875→ 76,283 total - Disposition to Issuer
Common Stock
2010-12-22$13.11/sh−1,875$24,581→ 74,408 total
Footnotes (3)
- [F1]Each share of phantom stock was the economic equivalent of one share of Key Energy Services, Inc.'s common stock, which, pursuant to the plan under which it was granted, was required to be settled in cash based on the closing price on the date each share vested.
- [F2]Includes 71,430 unvested shares of restricted stock granted under the Key Energy Services, Inc. 2007 Equity and Cash Incentive Plan and the Key Energy Services, Inc. 2009 Equity and Cash Incentive Plan.
- [F3]The phantom share award granted on December 22, 2006 vests in four equal annual installments on the anniversary of the grant date. The vested phantom shares are payable solely in cash within 20 business days after the vesting date. The original grant was for 7,500 phantom shares, of which 1,875 shares vested on December 22, 2007, 1,875 shares vested on December 22, 2008, 1,875 shares vested on December 22, 2009 and 1,875 shares vested on December 22, 2010.
Issuer
KEY ENERGY SERVICES INC
CIK 0000318996
Entity typeother
Related Parties
1- filerCIK 0001446813
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 5:22 PM ET
- Size
- 13.1 KB