Forbes Energy Services Ltd. 4
4 · Forbes Energy Services Ltd. · Filed Oct 5, 2015
Insider Transaction Report
Form 4
Burris Travis H.
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2015-10-01+10,584→ 100,366 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2015-10-01−10,854→ 20,898 total→ Common Stock (10,854 underlying)
Holdings
- 450(indirect: By son)
Common Stock
[F2]
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F3]On June 15, 2015, the reporting person was granted 42,336 resticted stock units, vesting quarterly in four equal installments beginning on July 1, 2015.
Signature
/s/ L. Melvin Cooper, Power of Attorney for Travis H. Burris|2015-10-05