SEC Form 4 · accession 0001704235-19-000030
Quintana Energy Services Inc. · QES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Rogers ` Herndon
Officer — See Remarks · Director
Period of report
Mar 5, 2019
Accepted (ET)
Mar 5, 2019 · 6:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001704235
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Mar 5, 2019 | M | 68,532 | — | A | 212,242 | D | |
| Common stockF2 | Mar 5, 2019 | F | 25,506 | $5.67 | D | 186,736 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F4,F3 | — | Mar 5, 2019 | M | 0 | D | — | — | Common stock | 0 | 137,062 | D |
Explanation of responses
- F1Each phantom unit represented the right to receive one share of QES common stock upon settlement.
- F2Represents shares of common stock in QES withheld to satisfy the Reporting Person's tax liability arising from the settlement of phantom units previously granted to him.
- F368,532 phantom units were settled on March 5, 2019.
- F4The remaining 137,062 phantom units are scheduled to vest in three equal installments in February 2020 and February 2021. Vested phantom units will be settled within 60 days of the applicable vesting date.
Remarks
Chief Executive Officer and President