SEC Form 4 · accession 0001179110-15-001521
PIONEER ENERGY SERVICES CORP · PES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Brooks Eustace
Officer — EVP & Pres. Prod. Svs. Div.
Period of report
Jan 30, 2015
Accepted (ET)
Feb 2, 2015 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000320575
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2015 | M | 8,648 | — | A | 63,764 | D | |
| Common Stock | Jan 30, 2015 | F | 2,823 | $4.14 | D | 60,941 | D | |
| Common StockF1 | Jan 31, 2015 | M | 8,881 | — | A | 69,822 | D | |
| Common Stock | Jan 31, 2015 | F | 2,899 | $4.14 | D | 66,923 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 30, 2015 | M | 8,648 | A | — | — | Common Stock | 8,648 | 17,297 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 31, 2015 | M | 8,881 | A | — | — | Common Stock | 8,881 | 8,881 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On January 30, 2014, the reporting person was granted 25,945 restricted stock units, vesting one-third on January 30, 2015, one-third on January 30, 2016, and the final one-third on January 30, 2017.
- F3On May 21, 2013, the reporting person was granted 26,643 restricted stock units, vesting one-third on January 31, 2014, one-third on January 31, 2015, and the final one-third on January 31, 2016.