SEC Form 4 · accession 0001179110-17-001442
PIONEER ENERGY SERVICES CORP · PES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lorne Phillips
Officer — EVP & CFO
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:49 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, 2017 | M | 10,446 | — | A | 189,955 | D | |
| Common Stock | Jan 30, 2017 | F | 3,410 | $5.95 | D | 186,545 | 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, 2017 | M | 10,446 | D | — | — | Common Stock | 10,446 | 0 | 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 31,336 restricted stock units, vesting one-third on January 31, 2015, one-third on January 31, 2016, and the final one-third on January 31, 2017.