SEC Form 4 · accession 0001179110-17-006384
PIONEER ENERGY SERVICES CORP · PES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stacy Locke
Officer — President & CEO · Director
Period of report
Apr 30, 2017
Accepted (ET)
May 2, 2017 · 4:09 pm EDT
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 | Apr 30, 2017 | A | 112,545 | $0.00 | A | 961,267 | D | |
| Common Stock | holding | — | — | — | 180,334 | I | By Locke Children's Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued pursuant to the vesting of shares under a performance-based restricted stock unit award granted under the Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan. The performance criteria achieved was based upon the Company's EBITDA growth, EBITDA return on capital employed, and total shareholder return growth versus a defined group of nine peer companies over a three-year performance period.