SEC Form 4 · accession 0001562180-17-002953
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
Sep 13, 2017
Accepted (ET)
Sep 13, 2017 · 5:34 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 | Sep 12, 2017 | A | 11,848 | $0.00 | A | 20,360 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $47.99 | Sep 12, 2017 | A | 5,924 | A | — | Sep 12, 2027 | Common Stock | 5,924 | 5,924 | D |
| Employee Stock Option (Right to Buy)F4 | $19.35 | Sep 12, 2017 | A | 5,924 | A | — | Sep 12, 2027 | Common Stock | 5,924 | 5,924 | D |
Explanation of responses
- F1Represents an award of 11,848 shares of unvested restricted stock units granted under the Key Energy Services, Inc's 2016 Equity and Cash Incentive Plan (the "2016 Plan"). These shares of restricted stock units will vest in four equal annual installments beginning on December 20, 2017.
- F2The number of shares of Common Stock beneficially owned includes 19,747 unvested shares of restricted stock units granted under the 2016 Plan.
- F3The option vests in equal quarterly installments on December 20, 2017, 2018, 2019 and 2020.
- F4The option vests in equal quarterly installments on December 15, 2017, 2018, 2019 and 2020.