SEC Form 4 · accession 0001209191-18-003881
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Westervelt T. Ballard Jr.
Officer — Executive Vice President
Period of report
Jan 15, 2018
Accepted (ET)
Jan 17, 2018 · 2:54 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, 2018 | F | 3,422 | $11.31 | D | 57,479 | D | |
| Common Stock | Jan 15, 2018 | A | 26,525 | $0.00 | A | 84,004 | 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 | $11.31 | Jan 15, 2018 | A | 52,265 | A | Jan 15, 2019 | Jan 15, 2028 | Common Stock | 52,265 | 52,265 | D |
Explanation of responses
- F1Shares withheld to cover taxes due upon the vesting of restricted stock units.
- F2Represents a grant of restricted stock units from the issuer.
- F3The stock options are exercisable in 1/3 annual increments beginning on the date indicated and ending on the second anniversary thereof.