SEC Form 4 · accession 0001181431-15-003334
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danny R Young
Officer — Executive Vice President
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 3:10 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 | Feb 24, 2015 | M | 37,500 | $17.46 | A | 118,888 | D | |
| Common StockF1 | Feb 24, 2015 | S | 37,500 | $21.3771 | D | 81,388 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy) | $17.46 | Feb 24, 2015 | M | 37,500 | D | Dec 31, 2005 | Jun 24, 2015 | Common Stock | 37,500 | 0 | D |
Explanation of responses
- F1The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of 21.00 - 21.89. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.