4//SEC Filing
Herndon Daniel Rogers ` 4
Accession 0001704235-19-000025
CIK 0001704235other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:59 PM ET
Size
15.0 KB
Accession
0001704235-19-000025
Insider Transaction Report
Form 4
Herndon Daniel Rogers `
DirectorSee Remarks
Transactions
- Tax Payment
Common stock
2019-02-09$4.95/sh−4,098$20,285→ 143,710 total - Exercise/Conversion
Common stock
2019-02-09+17,417→ 144,187 total - Tax Payment
Common stock
2019-02-09$4.95/sh−6,829$33,804→ 137,358 total - Exercise/Conversion
Common stock
2019-02-09+10,450→ 147,808 total - Exercise/Conversion
Restricted Stock Unit
2019-02-09−17,417→ 34,833 total→ Common stock (17,417 underlying) - Exercise/Conversion
Performance Share Unit
2019-02-09−10,450→ 20,900 total→ Common stock (10,450 underlying)
Footnotes (6)
- [F1]Represents the conversion upon vesting of certain restricted stock units into common stock of the Company. As previously reported on April 20, 2018, the reporting person was granted 52,250 restricted stock units on April 18, 2018, of which one-third vested on February 9, 2019 in accordance with the Company's 2018 Long Term Incentive Plan. Vesting shall occur on the remaining restricted stock units on the first and second anniversaries of February 9, 2019.
- [F2]Each restricted stock unit represents the right to receive, upon vesting, one share of Company common stock.
- [F3]Reflects 6,829 shares withheld by the Company at the market price of $4.95 per share to fund the payment of taxes for the restricted stock unit conversion.
- [F4]Represents the conversion upon vesting of certain performance share units (PSUs) into common stock of the Company. As previously reported on April 20, 2018, the reporting person was previously awarded 104,500 under the Company's Long Term Incentive Plan on April 18, 2018. The PSUs vest and are settled when they have performance vested in accordance with certain achieved goals that are based on (i) relative total stockholder return and (ii) absolute total stockholder return. It has been determined that 31,350 of those PSUs are earned and eligible for vesting. On February 9, 2019, one-third of the PSUs earned were vested and settled. Should the reporting person satisfy the service requirement applicable to such earned performance units, vesting shall occur on the remaining PSUs in equal installments on the first and second anniversaries of February 9, 2019
- [F5]Reflects 4,098 shares withheld by the Company at the market price of $4.95 per share to fund the payment of taxes for the performance share unit conversion.
- [F6]Each performance share unit represents the right to receive, upon vesting, one share of Company common stock.
Documents
Issuer
Quintana Energy Services Inc.
CIK 0001704235
Entity typeother
Related Parties
1- filerCIK 0001418545
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 4:59 PM ET
- Size
- 15.0 KB