SEC Form 4 · accession 0001209191-18-003877
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, 2018
Accepted (ET)
Jan 17, 2018 · 2:49 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 StockF2 | Jan 15, 2018 | F | 2,909 | $11.31 | D | 109,386 | D | |
| Common Stock | Jan 15, 2018 | A | 27,146 | $0.00 | A | 136,532 | 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)F4 | $11.31 | Jan 15, 2018 | A | 53,488 | A | Jan 15, 2019 | Jan 15, 2028 | Common Stock | 53,488 | 53,488 | D |
Explanation of responses
- F1Shares withheld to cover taxes due upon the vesting of restricted stock units.
- F2Includes 1,768 shares of common stock purchased through the company's employee stock purchase plan for the 2017 offering periods.
- F3Represents a grant of restricted stock units from the issuer.
- F4The stock options are exercisable in 1/3 annual increments beginning on the date indicated and ending on the second anniversary thereof.