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
- 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.
- 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.
- 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.
- 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.