SEC Form 4 · accession 0001209191-19-006914
CARBO CERAMICS INC · CRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernesto Bautista III
Officer — Vice President and CFO
Period of report
Feb 1, 2019
Accepted (ET)
Feb 4, 2019 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 1, 2019 | F | 7,041 | $4.10 | D | 126,240 | D | |
| Common StockF1 | Feb 1, 2019 | M | 2,996 | — | A | 129,236 | D | |
| Common Stock | Feb 1, 2019 | D | 2,996 | $4.10 | D | 126,240 | D | |
| Common StockF1 | Feb 1, 2019 | M | 1,492 | — | A | 127,732 | D | |
| Common Stock | Feb 1, 2019 | D | 1,492 | $4.10 | D | 126,240 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Feb 1, 2019 | M | 2,996 | D | — | — | Common Stock | 2,996 | 2,996 | D |
| Phantom StockF1,F3 | — | Feb 1, 2019 | M | 1,492 | D | — | — | Common Stock | 1,492 | 2,986 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of CARBO Ceramics common stock and will be settled in cash based on the fair market value of such a share at the time of vesting.
- F2The phantom stock award will vest in three equal annual installments beginning on February 1, 2018.
- F3The phantom stock award will vest in three equal annual installments beginning on February 1, 2019.