SEC Form 4 · accession 0001209191-16-101573
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katherine Hargis
Officer — VP, CLO and Secretary
Period of report
Feb 21, 2016
Accepted (ET)
Feb 23, 2016 · 6:23 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 | Feb 21, 2016 | F | 357 | $0.25 | D | 164,227 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Payment for tax liability by deliver of stock incident to the vesting on February 21, 2016 of 1,093 shares of restricted stock.
- F2Vesting price is based on the average of the closing price of common stock on the trading date immediately preceding the vesting date and the opening price of the stock on the first trading day following the vesting date, pursuant to Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan (the "Plan").
- F3Includes 157,426 unvested shares of restricted stock granted under the Plan.