KEY ENERGY SERVICES INC 4
4 · KEY ENERGY SERVICES INC · Filed May 18, 2015
Insider Transaction Report
Form 4
COLLINS KEVIN P
Director
Transactions
- Award
Common Stock
2015-05-14+66,540→ 198,915 total
Footnotes (1)
- [F1]Award of restricted stock units ("RSUs") granted under the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan as annual compensation to non-employee members of the board of directors. Each RSU is equal to one share of Common Stock and is payable in stock only. The award vests in full on the date of grant. The reporting person has deferred settlement of the RSUs upon the earlier to occur of: a) December 31, 2017; b) the thirty (30) day period immediately following the termination of service with the Company; or c) the thirty (30) day period immediately following the consummation of a "change in control" of the Company.