SEC Form 4 · accession 0001109189-18-000168

BASIC ENERGY SERVICES INC · BAS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — VP, Manufacturing & Equipment

Period of report

Dec 23, 2018

Accepted (ET)

Dec 26, 2018 · 5:18 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^F1	Dec 23, 2018	M	10,792	$0.00	A	26,529	D
Common Stock	Dec 23, 2018	F	2,642	$4.16	D	23,887	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F3	—	Dec 23, 2018	M	10,792	D	—	—	Common Stock	10,792	27,848	D

F1Restricted stock units converted into shares of common stock on a one-for-one basis.
F2In connection with the vesting of restricted stock units, the Issuer withheld vested shares of common stock and agreed to satisfy the Reporting Person's tax withholding obligations in lieu of cash. The number of vested shares withheld was based on the closing price of the Issuer's common stock on December 21, 2018. Such shares were acquired as treasury stock by the Issuer.
F3On December 23, 2016, the Reporting Person was granted 32,377 restricted stock units, which vested in three equal annual installments beginning on December 23, 2016. On February 8, 2018, the Reporting Person (i) earned 32,377 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 6,264 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.