SEC Form 4 · accession 0000899243-17-029025
C&J Energy Services, Inc. · CJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sterling Renshaw
Officer — See Remarks
Period of report
Dec 13, 2017
Accepted (ET)
Dec 18, 2017 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615817
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 13, 2017 | A | 12,650 | $0.00 | A | 20,388 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | — | Dec 13, 2017 | A | 5,271 | A | — | — | Common Stock | — | 5,282 | D |
| Non-qualified Stock OptionF3 | $30.83 | Dec 13, 2017 | A | 5,465 | A | — | Dec 13, 2027 | Common Stock | 5,465 | 10,747 | D |
Explanation of responses
- F1Represents shares of restricted stock scheduled to vest ratably on the first, second and third anniversary of the grant date, subject to the grantee's continued employment with or provision of services to the issuer or its affiliates through such dates as well as certain treatment upon the occurrence of certain termination events.
- F2Represents performance shares scheduled to vest on the third anniversary of the grant date, subject to the grantee's continued employment with or provision of services to the issuer or its affiliates through the third anniversary of the date of grant and the achievement of certain levels of total shareholder returns (TSR) relative to a peer group established by the Compensation Committee of the Board of Directors, as well as certain treatment upon the occurrence of certain termination events.
- F3Represents options scheduled to vest ratably on the first, second and third anniversary of the grant date, in each case, subject to the earlier expiration of the options and the grantee's continued employment with or provision of services to the issuer or its affiliates, as well as certain treatment upon the occurrence of certain termination events.
Remarks
President of Well Support Services