Filing Details

Accession Number:
0001109189-14-000046
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-19 21:22:28
Reporting Period:
2014-03-17
Filing Date:
2014-03-19
Accepted Time:
2014-03-19 21:22:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1109189 Basic Energy Services Inc BAS Oil & Gas Field Services, Nec (1389) 542091194
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1346208 Alan Krenek 801 Cherry Street
Suite 2100
Fort Worth TX 76102
Svp, Cfo, Secretary, Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-03-17 17,500 $24.90 178,349 No 4 F Direct
Common Stock Disposition 2014-03-17 5,000 $24.63 173,349 No 4 S Direct
Common Stock Disposition 2014-03-18 10,000 $25.23 163,349 No 4 S Direct
Common Stock Acquisiton 2014-03-18 24,149 $0.00 24,149 No 4 A Direct
Common Stock Disposition 2014-03-19 2,500 $26.00 184,998 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. In connection with the vesting of shares of restricted stock pursuant to the Fifth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan, the issuer withheld vested shares and agreed to satisfy the executive's withholding tax obligations in lieu of cash. The number of vested shares withheld was based on the closing price per share on March 17, 2014. The withholding of vested shares pursuant to this award was approved by the Compensation Committee of the board of directors of the issuer, and the number of shares indicated in this Form 4 were acquired as treasury stock by the issuer.
  2. Reflects the weighted average sales price for the common stock. These shares were sold in multiple transactions at prices ranging from $24.50 to $24.75, inclusive. The reporting person will provide upon request by the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Reflects the weighted average sales price for the common stock. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.50, inclusive. The reporting person will provide upon request by the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
  4. Shares of restricted stock granted under the Fifth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan, vesting in one-third increments on March 15, 2016, 2017 and 2018.