SEC Form 4 · accession 0001209191-15-055726
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert Wayne Drummond Jr.
Officer — President and COO
Period of report
Jun 22, 2015
Accepted (ET)
Jun 23, 2015 · 6:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000318996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 22, 2015 | A | 1,176,471 | $0.00 | A | 1,176,471 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of 1,176,471 shares of unvested restricted stock granted under the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan ("2014 Plan"). One half (fifty percent) of these shares of restricted stock will vest on the two year anniversary from the grant date. The remaining half (fifty percent) will vest in three equal annual installments beginning on the first anniversary from the grant date.
- F2Includes 1,176,471 unvested shares of restricted stock granted under the 2014 Plan.