Forbes Energy Services Ltd. 4
4 · Forbes Energy Services Ltd. · Filed Jul 2, 2015
Insider Transaction Report
Form 4
Burris Travis H.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-07-01−10,584→ 31,752 total→ Common Stock (10,584 underlying) - Exercise/Conversion
Common Stock
2015-07-01+10,584→ 89,782 total
Holdings
- 450(indirect: By son)
Common Stock
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.