SEC Form 4 · accession 0001209191-18-015541
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Westervelt T. Ballard Jr.
Officer — EVP, CFO & Treasurer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 3:37 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2018 | A | 11,215 | A | — | — | Common Stock | 11,215 | 11,215 | D |
| Stock Option (Right to Buy)F3 | $8.56 | Mar 1, 2018 | A | 21,622 | A | Jan 15, 2019 | Jan 15, 2028 | Common Stock | 21,622 | 21,622 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of the Issuer's common stock.
- F2The restricted stock units vest in 1/3 annual increments beginning on January 15, 2019 and ending on the second anniversary thereof.
- F3The stock options are exercisable in 1/3 annual increments beginning on the date indicated and ending on the second anniversary thereof.