PICARD EDDIE V 4
4 · KEY ENERGY SERVICES INC · Filed Jan 3, 2018
Insider Transaction Report
Form 4
PICARD EDDIE V
Vice President & Controller
Transactions
- Disposition to Issuer
Stock Options (Right to buy)
2018-12-31−2,222→ 1,481 totalExercise: $47.99From: 2016-12-20Exp: 2026-12-20→ Common Stock (2,222 underlying) - Tax Payment
Common Stock
2017-12-31$11.82/sh−406$4,799→ 15,479 total - Award
Stock Options (Right to buy)
2017-12-31+741→ 3,703 totalExercise: $19.35From: 2016-12-15Exp: 2026-12-15→ Common Stock (741 underlying) - Award
Common Stock
2017-12-31+1,481→ 15,885 total - Award
Common Stock
2017-12-31+8,886→ 14,404 total - Disposition to Issuer
Common Stock
2017-12-31−4,443→ 11,036 total - Award
Stock Options (Right to buy)
2017-12-31+741→ 3,703 totalExercise: $47.99From: 2016-12-20Exp: 2026-12-20→ Common Stock (741 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2017-12-31−2,222→ 1,481 totalExercise: $19.35From: 2016-12-15Exp: 2026-12-15→ Common Stock (2,222 underlying)
Footnotes (7)
- [F1]Each share of Common Stock represents an award of restricted stock units that shall be settled upon vesting in one share of the Company's Common Stock upon the vesting of the underlying award.
- [F2]Each share of Common Stock represents the settlement of a performance share unit award that became vested on 12/31/2017.
- [F3]Includes 13,329 unvested restricted stock units granted under the 2016 Plan.
- [F4]The units were cancelled by mutual agreement of the reporting person and the Company. The reporting person received a grant of restricted stock units and performance share units as consideration for the cancellation.
- [F5]The number of shares of Common Stock beneficially owned includes 8,886 unvested shares of restricted stock units granted under the 2016 Plan.
- [F6]The reporting person was granted an option to purchase 2,962 shares of Common Stock. This tranche of the option was scheduled to vest based on the Company's satisfaction of certain performance criteria for the fiscal year 2017. The performance criteria for 2017 were met, resulting in vesting of this tranche of the option.
- [F7]The option was cancelled by mutual agreement of the reporting person and the Company. The reporting person received a grant of restricted stock units and performance share units as consideration for the cancellation.