SEC Form 4 · accession 0001181431-15-003537

SUPERIOR ENERGY SERVICES INC · SPN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President

Period of report

Feb 25, 2015

Accepted (ET)

Feb 27, 2015 · 5:12 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
Common Stock	Feb 25, 2015	M	28,029	$17.46	A	102,932	D
Common Stock^F1	Feb 25, 2015	S	28,029	$22.1769	D	74,903	D
Common Stock^F3	Feb 26, 2015	A	10,215	$0.00	A	85,118	D

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 25, 2015	M	28,029	D	Dec 31, 2005	Jun 24, 2015	Common Stock	28,029	0	D

F1The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of 22.15 - 22.21. 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.
F2Represents the number of shares of common stock issuable with respect to the 2014 portion of the performance share awards originally granted to the Reporting Person on February 12, 2014. Effective February 26, 2015, the Compensation Committee of the Issuer's Board of Directors certified the level of 2014 free cash flow, the applicable performance metric, and these performance share awards converted to time-vested RSUs. These RSUs will vest and payout in 2016.
F3Includes 4,159 shares of common stock purchased through the company's employee stock purchase plan as of 12/31/14.