4//SEC Filing
Stewart Brian R 4
Accession 0001493152-17-014735
CIK 0001135657other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 8:12 PM ET
Size
5.6 KB
Accession
0001493152-17-014735
Insider Transaction Report
Form 4
Stewart Brian R
Director
Transactions
- Award
Common Stock
2017-12-18+300,000→ 367,568 total
Footnotes (1)
- [F1]Filer received a phantom stock award of 300,000 shares on December 18, 2017 under the 2015 Stock Incentive Plan, as amended, which vests as to (i) one-third if the closing price of Eco-Stim Energy Solutions, Inc.'s common stock ("Common Stock") equals or exceeds $2.00 per share for twenty consecutive trading days during the one-year period ending on December 18, 2018 (the "Performance Period"); (ii) one-third if the closing price of the Common Stock equals or exceeds $2.50 per share for twenty consecutive trading days during the Performance Period; and (iii) one-third if the closing price of the Common Stock equals or exceeds $3.00 per share for twenty consecutive trading days during the Performance Period; and, with respect to each of (i), (ii) and (iii), Filer continuously serves as Chairman through the last day of the Performance Period. Each phantom stock entitles the holder to receive one share of Common Stock at the time of vesting.
Documents
Issuer
Eco-Stim Energy Solutions, Inc.
CIK 0001135657
Entity typeother
Related Parties
1- filerCIK 0001720141
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 8:12 PM ET
- Size
- 5.6 KB