4//SEC Filing
C&J Energy Services, Inc. 4
Accession 0001209191-15-028973
CIK 0001509273operating
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 6:03 PM ET
Size
25.9 KB
Accession
0001209191-15-028973
Insider Transaction Report
Form 4
Comstock Joshua E.
DirectorSee Remarks
Transactions
- Disposition from Tender
Stock Option
2015-03-24−1,662,468→ 0 total(indirect: See Footnote)Exercise: $10.00From: 2015-03-24Exp: 2020-12-23→ Common Stock (1,662,468 underlying) - Disposition from Tender
Stock Option
2015-03-24−275,000→ 0 totalExercise: $29.00From: 2015-03-24Exp: 2021-07-28→ Common Stock (275,000 underlying) - Disposition from Tender
Common Stock
2015-03-24−186,056→ 0 total - Disposition from Tender
Stock Option
2015-03-24−105,000→ 0 totalExercise: $1.43From: 2015-03-24Exp: 2018-11-11→ Common Stock (105,000 underlying) - Disposition from Tender
Common Stock
2015-03-24−726,364→ 0 total - Disposition from Tender
Common Stock
2015-03-24−2,082,000→ 0 total(indirect: See Footnote) - Disposition from Tender
Stock Option
2015-03-24−29,583→ 0 totalExercise: $18.89From: 2015-06-19Exp: 2022-06-19→ Common Stock (29,583 underlying) - Disposition from Tender
Stock Option
2015-03-24−525,000→ 0 total(indirect: See Footnote)Exercise: $1.43From: 2015-03-24Exp: 2016-11-01→ Common Stock (525,000 underlying) - Disposition from Tender
Stock Option
2015-03-24−17,500→ 0 total(indirect: See Footnote)Exercise: $10.00From: 2015-03-24Exp: 2020-12-23→ Common Stock (17,500 underlying)
Footnotes (11)
- [F1]Included are: (i) 966,000 shares of Common Stock of the Issuer held by a trust for the benefit of the Reporting Person, of which the Reporting Person serves as trustee and which he may be deemed to be the beneficial owner; (ii) 966,000 shares of Common Stock of the Issuer are held by a trust for the benefit of Rebecca A. Comstock, of which the Reporting Person serves as a co-trustee and which the Reporting Person may be deemed to be the beneficial owner; and (iii) 150,000 shares of Common Stock of the Issuer owned by JRC Investments, LLC, of which the Reporting Person may be deemed to be the beneficial owner in his capacity as the sole member of JRC Investments, LLC.
- [F10]These options, granted under the C&J Energy Services, Inc. 2012 Long-Term Incentive Plan, were exercisable immediately prior to the effective time of the merger in accordance with the following schedule: 1/3 of the options shall become exercisable on each of the first, second, and third anniversaries of the date of grant, subject to the earlier expiration of the options.
- [F11]Each outstanding C&J stock option award (a "C&J Option") was disposed of pursuant to the Merger Agreement in exchange for an option to purchase, on the same terms and conditions (including with respect to vesting and exercisability), a number of Red Lion common shares equal to the number of shares of C&J common stock subject to such C&J Option immediately prior to the effective time of the merger.
- [F2]These shares of restricted stock, granted under the C&J Energy Services, Inc. 2012 Long-Term Incentive Plan, were not yet vested immediately prior to the effective time of the merger.
- [F3]Each share was disposed of pursuant to a merger agreement (the "Merger Agreement") among the issuer, C&J Energy Services, Inc. ("C&J"), Nabors Industries Ltd., Nabors Red Lion Limited ("Red Lion"), Nabors CJ Merger Co., and CJ Holding Co., in exchange for 1 Red Lion common share, upon the terms and subject to the conditions set forth in the Merger Agreement.
- [F4]Each unvested C&J restricted stock award ("C&J Restricted Stock Award") was disposed of pursuant to the Merger Agreement in exchange for an award to acquire, on the same terms and conditions (including with respect to vesting), a number of Red Lion common shares equal to the number of shares of C&J common stock subject to such C&J Restricted Stock Award immediately prior to the effective time of the merger.
- [F5]These options, granted under the C&J Energy Services, Inc. 2006 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger. These options were held by the Joshua E. Comstock Annuity Trust, of which Mr. Comstock serves as trustee.
- [F6]These options, granted under the C&J Energy Services, Inc. 2006 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger.
- [F7]These options, granted under the C&J Energy Services, Inc. 2010 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger. These options were held by the Joshua E. Comstock Annuity Trust, of which Mr. Comstock serves as trustee.
- [F8]These options, granted under the C&J Energy Services, Inc. 2010 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger.
- [F9]These options, granted under the C&J Energy Services, Inc. 2006 Stock Option Plan, were all exercisable immediately prior to the effective time of the merger. These options were held by the Joshua E. Comstock Annuity Trust, of which Mr. Comstock serves as trustee.
Documents
Issuer
C&J Energy Services, Inc.
CIK 0001509273
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001509273
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 6:03 PM ET
- Size
- 25.9 KB