DRIVER WILLIAM D. 4
4 · C&J Energy Services, Inc. · Filed Dec 13, 2018
Insider Transaction Report
Form 4
DRIVER WILLIAM D.
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2018-12-13$14.94/sh−3,550$53,037→ 18,359 total - Award
Restricted Share Units
2018-12-11+21,221→ 21,517 total→ Common Stock (21,221 underlying) - Award
Performance Shares
2018-12-11+16,977→ 38,494 total→ Common Stock
Footnotes (3)
- [F1]Represents a reduction of a restricted stock award that was settled in cash on the vesting date rather than in stock, as determined by the Compensation Committee of the Board of Directors.
- [F2]Represents the grant of a restricted share unit award subject to a three year ratable vesting starting on the first anniversary of the grant date, subject to the grantee's continued employment with or provision of services to the issuer or its affiliates through each vesting date, as well as certain treatment upon the occurrence of certain termination events; the restricted share units may be settled in stock (default) and/or cash at each vesting as determined in the sole discretion of the Compensation Committee of the Board of Directors.
- [F3]Represents the grant of a performance share award scheduled to vest on the third anniversary of the grant date, subject to the grantee's continued employment with or provision of services to the issuer or its affiliates through the third anniversary of the date of grant and the achievement of certain levels of total shareholder returns (TSR) relative to a peer group established by the Compensation Committee of the Board of Directors, as well as certain treatment upon the occurrence of certain termination events.