SEC Form 4 · accession 0001209191-16-143567
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Matt Ralls
Director
Period of report
Oct 1, 2016
Accepted (ET)
Oct 3, 2016 · 3:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886835
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Oct 1, 2016 | A | 1,606 | A | — | — | Common Stock | 1,606 | 11,980 | D |
Explanation of responses
- F1In accordance with the Issuer's Directors Deferred Compensation Plan, Mr. Ralls elected to defer his annual retainer payments into deferred stock units. The reported transaction represents the deferred stock units granted in lieu of the quarterly cash retainer payment. Each deferred stock unit represents the right to receive one share of the Issuer's common stock.
- F2The deferred stock units are vested immediately, but will be paid out according to Mr. Ralls' deferral election.