SEC Form 4 · accession 0001104659-18-023968
Ranger Energy Services, Inc. · RNGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darron M. Anderson
Officer — President, CEO · Director
Period of report
Apr 13, 2018
Accepted (ET)
Apr 13, 2018 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001699039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Apr 13, 2018 | A | 47,968 | $0.00 | A | 48,658 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | — | Apr 13, 2018 | A | 47,968 | A | — | — | Class A Common Stock | — | 47,968 | D |
Explanation of responses
- F1Represents performance stock units scheduled to vest at the end of a three-year period that began on January 1, 2018 and ends on December 31, 2020 (the "Performance Period"), subject to Mr. Anderson's continued employment with the issuer through the end of the Performance Period and the achievement of certain levels of total shareholder return ("TSR") relative to a peer group set forth in a Performance Stock Unit Agreement, dated April 13, 2018, by and among the issuer and Mr. Anderson, and absolute TSR measured from a base stock price of $14.50 per share.