SEC Form 4 · accession 0001562180-18-003523
Keane Group, Inc. · FRAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Wayne Drummond Jr.
Officer — Chief Executive Officer · Director
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688476
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 | — | Aug 6, 2018 | A | 161,013 | A | — | — | Common Stock | 161,013 | 161,013 | D |
| Restricted Stock UnitsF1,F3 | — | Aug 6, 2018 | A | 161,013 | A | — | — | Common Stock | 161,013 | 322,026 | D |
| Restricted Stock UnitsF1,F4 | — | Aug 6, 2018 | A | 85,874 | A | — | — | Common Stock | 85,874 | 407,900 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of Keane Group, Inc.
- F2The restricted stock units vest in three equal annual installments on each of December 31, 2018, 2019 and 2020. Vested shares will be delivered to the reporting person as soon as practicable following each vest date, but in no event later than March 15 following the end of the calendar year in which the shares vested.
- F3The restricted stock units vest 100% on December 31, 2020. Vested shares will be delivered to the reporting person as soon as practicable following each vest date, but in no event later than March 15 following the end of the calendar year in which the shares vested.
- F4The restricted stock units vest in two equal installments on each of August 6, 2019 and 2020. Vested shares will be delivered to the reporting person as soon as practicable following each vest date, but in no event later than March 15 following the end of the calendar year in which the shares vested.