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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
1714742	A Tod Clarke	18803 Meisner Drive San Antonio TX 78258	Vice President - Land	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	27,397	$2.19	121,476	No	4	A	Direct
Abraxas Petroleum Common Stock	Acquisiton	2018-03-31	4,729	$2.20	28,409	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	27,397	$0.00	27,397	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
27,397			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	$3.15	2015-03-11	2024-03-11	18,000	18,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Options	$0.97	2017-03-15	2026-03-17	64,000	64,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.74	2013-03-08	2022-03-08	5,000	5,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$4.72	2012-03-15	2021-03-15	10,000	10,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.09	2011-03-16	2020-03-16	13,300	13,300	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$0.99	2010-03-17	2019-03-17	5,000	5,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.39	2014-05-14	2023-05-14	17,300	17,300	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	$1.75	2010-10-05	2019-10-05	20,775	20,775	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-03-11	18,000	18,000	Direct
2026-03-17	64,000	64,000	Direct
2022-03-08	5,000	5,000	Direct
2021-03-15	10,000	10,000	Direct
2020-03-16	13,300	13,300	Direct
2019-03-17	5,000	5,000	Direct
2023-05-14	17,300	17,300	Direct
2021-08-09	25,000	25,000	Direct
2019-10-05	20,775	20,775	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 of Abraxas Petroleum common stock acquired upon vesting of the performance-based RSUs is contingent upon the achievement of 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 terms of the Performance-based RSU, each performance-based RSU vest and converts into no more than 200% of of one share of Abraxas Petroleum common stock three years after the grant date.
Options vest 25% per year from the grant date.