SEC Form 4 · accession 0001209191-19-004280
SUPERIOR ENERGY SERVICES INC · SPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W. Spexarth
Officer — Chief Accounting Officer
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 5:18 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, 2019 | M | 19,916 | $0.00 | A | 44,030 | D | |
| Common Stock | Jan 15, 2019 | F | 5,908 | $3.84 | D | 38,122 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jan 15, 2019 | M | 6,190 | D | — | — | Common Stock | 6,190 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Jan 15, 2019 | M | 2,848 | D | — | — | Common Stock | 2,848 | 2,848 | D |
| Restricted Stock UnitsF2,F5 | — | Jan 15, 2019 | M | 4,942 | D | — | — | Common Stock | 4,942 | 9,882 | D |
| Restricted Stock UnitsF2,F5 | — | Jan 15, 2019 | M | 5,936 | D | — | — | Common Stock | 5,936 | 11,870 | D |
Explanation of responses
- F1Shares withheld to cover taxes due upon the vesting of restricted stock units.
- F2Each restricted stock unit represents a right to receive one share of the Issuer's common stock.
- F3The restricted stock units vest in 1/3 annual increments beginning on January 15, 2017 and ending on the second anniversary thereof.
- F4The restricted stock units vest in 1/3 annual increments beginning on January 15, 2018 and ending on the second anniversary thereof.
- F5The restricted stock units vest in 1/3 annual increments beginning on January 15, 2019 and ending on the second anniversary thereof.