SEC Form 4 · accession 0001628280-15-004770
Forbes Energy Services Ltd. · FLSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles C. Forbes
Officer — Executive Vice President & COO · Director · 10% Owner
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 5:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434842
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 3, 2015 | A | 196,078 | A | — | — | Common Stock | 196,078 | 196,078 | D |
| Restricted Stock UnitsF1,F2 | — | Jun 3, 2015 | A | 176,056 | A | — | — | Common Stock | 176,056 | 176,056 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of FES common stock.
- F2The restricted stock units vest in three equal installments on the first, second and third anniversary of March 26, 2015.