SEC Form 4 · accession 0000872248-17-000082
PETROQUEST ENERGY INC · PQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Art M Mixon III
Officer — Exec VP - Operations and Prod
Period of report
Nov 12, 2017
Accepted (ET)
Nov 14, 2017 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000872248
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 12, 2017 | M | 7,998 | $0.00 | A | 130,037 | D | |
| Common Stock | Nov 12, 2017 | F | 2,668 | $1.85 | D | 127,369 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive stock option (right to buy)F1 | $1.85 | Nov 12, 2017 | A | 11,299 | A | — | Nov 11, 2017 | Common Stock | 11,299 | 11,299 | D |
| Restricted Stock UnitsF2,F3 | — | Nov 12, 2017 | A | 25,422 | A | — | — | Common Stock | 25,422 | 25,422 | D |
| Restricted Stock UnitsF2,F4 | — | Nov 12, 2017 | M | 7,998 | A | — | — | Common Stock | 7,998 | 0 | D |
Explanation of responses
- F1Vests with respect to 1/3 of the shares annually beginning on November 12, 2018.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of PetroQuest common stock.
- F3One third of the Restricted Stock Units vest on each of the first, second and third anniversaries of the grant date. The applicable number of shares of PetroQuest common stock will be delivered to the reporting person on each such vesting date.
- F4On November 12, 2014 the reporting person was granted 23,994 Restricted Stock Units. One third of the Restricted Stock Units vested on each of the first, second and third aniversaries of the grant date. The applicable number of shares of PetroQuest common stock were delivered to the reporting person on each such vesting date.