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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
867665	Abraxas Petroleum Corp	AXAS	Crude Petroleum & Natural Gas (1311)	742584033

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1544939	A. Peter Bommer	18803 Meisner Drive San Antonio TX 78258	Vp - Engineering	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
Abraxas Petroleum Common Stock	Acquisiton	2018-04-01	28,539	$2.19	299,001	No	4	A	Direct
Abraxas Petroleum Common Stock	Acquisiton	2018-03-31	4,302	$2.20	37,979	No	4	P	Indirect	401-K

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	P	Indirect	401-K

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Abraxas Petroleum Common Stock	Performance-based Restricted Stock Unit	Acquisiton	2018-04-01	28,539	$2.19	28,539	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
28,539	2021-04-01		No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Abraxas Petroleum Common Stock	Employee Stock Option	$0.97	2017-03-15	2026-03-15	148,000	148,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.16	2016-03-03	2025-03-03	200,000	200,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.15	2015-03-11	2024-03-11	25,000	25,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.39	2014-05-14	2023-05-14	23,500	23,500	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.74	2013-03-08	2022-03-08	10,500	10,500	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.55	2012-08-09	2021-08-09	25,000	25,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$4.72	2012-03-15	2021-03-15	15,000	15,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.09	2011-03-16	2020-03-16	35,900	35,900	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$1.75	2010-10-05	2019-10-05	31,875	31,875	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$0.99	2010-03-17	2019-03-17	7,500	7,500	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.61	2008-09-05	2017-09-05	5,000	5,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-03-15	148,000	148,000	Direct
2025-03-03	200,000	200,000	Direct
2024-03-11	25,000	25,000	Direct
2023-05-14	23,500	23,500	Direct
2022-03-08	10,500	10,500	Direct
2021-08-09	25,000	25,000	Direct
2021-03-15	15,000	15,000	Direct
2020-03-16	35,900	35,900	Direct
2019-10-05	31,875	31,875	Direct
2019-03-17	7,500	7,500	Direct
2017-09-05	5,000	5,000	Direct

Footnotes

Employer match to 401-K for the year ended December 31, 2017.
Each performance-based restricted stock unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Abraxas Petroleum common stock. The resulting number of shares oaf Abraxas Petroleum common Stock acquired upon vesting of the performance-based RSUs is contingent upon the acheivement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on April 1, 2018 and ending on April 1, 2021.
Unless earlier forfeited under the terms of the performance-based RSU, each performance-base RSU vest and converts into no more than 200% of one share of Abraxas Petroleum common stock three years after the grant date.