SEC Form 4 · accession 0001209191-16-093445
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim B Clarke
Officer — SVP, Admin and Chf People Off
Period of report
Jan 21, 2016
Accepted (ET)
Jan 25, 2016 · 5:53 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 | Jan 21, 2016 | F | 10,950 | $0.33 | D | 622,504 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Payment for tax liability by delivery of stock incident to the vesting on January 21, 2016 of 33,537 shares of restricted stock.
- F2Vesting price is based on the closing price of common stock on January 21, 2016, pursuant to the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan (the "Plan").
- F3Includes 277,991 unvested shares of restricted stock granted under the Plan.