SEC Form 4 · accession 0001109189-15-000035
BASIC ENERGY SERVICES INC · BAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Samuel DAgostino Jr.
Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001109189
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | M | 25,000 | $6.98 | A | 96,625 | D | |
| Common StockF1 | Feb 27, 2015 | S | 25,000 | $7.4787 | D | 71,625 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock options (right to buy)F2,F3 | $6.98 | Feb 27, 2015 | M | 25,000 | D | — | Mar 2, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average sales price for the common stock. These shares were sold in multiple transactions at prices ranging from $7.46 to $7.50, inclusive. The reporting person will provide upon request by the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Stock options granted under the Second Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan, as amended.
- F3Options exercisable in one-fourth increments on March 1, 2007, 2008, 2009 and 2010.