SEC Form 4 · accession 0001127602-16-037408
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Masters
Officer — Executive VP & General Counsel
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 15, 2016 | F | 1,293 | $9.76 | D | 108,763 | D | |
| Common Stock | Jan 15, 2016 | F | 1,518 | $9.76 | D | 107,245 | D | |
| Common StockF2 | Jan 15, 2016 | F | 864 | $9.76 | D | 106,381 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $9.76 | Jan 15, 2016 | A | 166,759 | A | Jan 15, 2017 | Jan 15, 2026 | Common Stock | 166,759 | 166,759 | D |
Explanation of responses
- F1Shares withheld to cover taxes due upon the vesting of restricted stock and restricted stock units.
- F2Includes 4,965 shares of common stock purchased through the company's employee stock purchase plan as of 12/31/15.
- F3The stock options are exercisable in 1/3 annual increments beginning on the date indicated and ending on the second anniversary thereof.