SEC Form 4 · accession 0001209191-16-106073
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott P Miller
Officer — SVP Op Svcs and Ch Admin Off
Period of report
Feb 20, 2016
Accepted (ET)
Mar 4, 2016 · 4:16 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 20, 2016 | F | 3,657 | $0.25 | D | 337,523 | 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 February 20, 2016 of 11,200 shares of restricted stock granted on February 20, 2015.
- F2Vesting price is based on the average 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 the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan (the "Plan).
- F3Includes 310,699 unvested shares of restricted stock granted under the 2014 Plan.