4//SEC Filing
Macek Steve 4
Accession 0001434842-17-000045
CIK 0001434842other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:50 PM ET
Size
9.5 KB
Accession
0001434842-17-000045
Insider Transaction Report
Form 4
Macek Steve
EVP, COO
Transactions
- Award
Restricted Stock Units
2017-08-28+86,400→ 86,400 total→ Common Stock, par value $0.01 (86,400 underlying) - Exercise/Conversion
Common Stock, par value $0.01
2017-08-28+17,280→ 17,280 total - Exercise/Conversion
Restricted Stock Units
2017-08-28−17,280→ 69,120 total→ Common Stock, par value $0.01 (17,280 underlying)
Footnotes (3)
- [F1]Represents all of the restricted stock units that vested in accordance with the provisions in a grant made on August 28, 2017 that the Reporting Person had elected not to defer pursuant to the Reporting Person's settlement deferral election form filed with the Company.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Company common stock, par value $0.01 per share.
- [F3]The restricted stock units vest as follows: twenty percent (20%) vested on August 28, 2017 and the remaining eighty percent (80%) vests in four equal installments on the first, second, third and fourth anniversaries of August 28, 2017. The restricted stock units, once vested, will generally be eligible to receive the applicable number of shares of Company common stock as specified by the Reporting Person in a settlement deferral election form filed with the Company.
Documents
Issuer
Forbes Energy Services Ltd.
CIK 0001434842
Entity typeother
Related Parties
1- filerCIK 0001703412
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 4:50 PM ET
- Size
- 9.5 KB