van Gaalen Jan Kees 4
4 · C&J Energy Services, Inc. · Filed Dec 13, 2018
Insider Transaction Report
Form 4
van Gaalen Jan Kees
Chief Financial Officer
Transactions
- Award
Performance Shares
2018-12-11+36,047→ 81,106 total→ Common Stock - Award
Restricted Share Units
2018-12-11+45,059→ 45,059 total→ Common Stock (45,059 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.