SEC Form 4 · accession 0001209191-16-146525
KEY ENERGY SERVICES INC · KEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Alan Cox
Other
Period of report
Oct 19, 2016
Accepted (ET)
Oct 20, 2016 · 7:15 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,F3 | Oct 19, 2016 | F | 1,204 | $0.07 | D | 71,481 | D | |
| Common StockF4,F5 | Oct 19, 2016 | F | 4,135 | $0.07 | D | 67,346 | D | |
| Common StockF6,F7 | Oct 19, 2016 | F | 1,423 | $0.07 | D | 65,923 | 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 the vesting on October 19, 2016 of 4,402 shares of restricted stock granted on January 31, 2014.
- F2Vesting price is based on the closing price of common stock on the trading date, pursuant to the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan (the "2014 Plan").
- F3Includes 20,319 unvested shares of restricted stock granted under the 2014 Plan.
- F4Payment of tax liability by delivery of stock incident to the vesting on October 19, 2016 of 15,119 shares of restricted stock granted on January 30, 2015.
- F5Includes 5,200 unvested shares of restricted stock granted under the 2014 Plan.
- F6Payment of tax liability by delivery of stock incident to the vesting on October 19, 2016 of 5,200 shares of restricted stock granted on January 28, 2016.
- F7"Exit" Form 4 filed solely to report the filer is no longer a Section 16 reporting person and all remaining unvested shares of restricted stock vested in full upon reporting person's end of employment with the Company on October 19, 2016.