SEC Form 4 · accession 0001209191-19-004287
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
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 5:20 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 | 3,739 | $0.00 | A | 91,743 | D | |
| Common Stock | Jan 15, 2019 | F | 3,731 | $3.84 | D | 88,012 | 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 | 3,739 | D | — | — | Common Stock | 3,739 | 7,476 | 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, 2019 and ending on the second anniversary thereof.