SEC Form 4 · accession 0001209191-15-080369
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly R Frye
Officer — Former SVP, GC and Secretary
Period of report
Oct 28, 2015
Accepted (ET)
Nov 16, 2015 · 5:50 pm EST
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,F3 | Oct 28, 2015 | F | 66,309 | $0.53 | D | 288,688 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Payment of tax liability by delivery of stock incident to vesting on October 28, 2015 of 242,442 shares of restricted stock.
- F2Vesting price is based on the closing price of common stock on October 28, 2015, pursuant to the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan.
- F3"Exit" Form 4 filed solely to report the filer is no longer a Section 16 reporting person serving as Senior Vice President, General Counsel and Secretary effective July 28, 2015, but the reporting person remained employed with the Company until October 28, 2015. All remaining unvested shares of restricted stock vested in full upon reporting person's end of employment with the Company.