Filing Details
- Accession Number:
- 0001567619-19-000016
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-01-02 13:38:19
- Reporting Period:
- 2018-12-31
- Accepted Time:
- 2019-01-02 13:38:19
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1070035 | G L Robert Watson | 18803 Meisner Drive San Antonio TX 78258 | President/Ceo | 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 | 2018-12-31 | 174,652 | $1.14 | 236,017 | No | 4 | P | Indirect | 401-K |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | 401-K |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Abraxas Petroleum Common Stock | 1,394,867 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Abraxas Petroleum Common Stock | Performance-based Restricted Stock Unit | $0.00 | 52,511 | 0 | Direct | ||
| Abraxas Petroleum Common Stock | Employee Stock Option | $0.97 | 2017-03-15 | 2026-03-15 | 415,000 | 415,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $3.16 | 2016-03-03 | 2025-03-03 | 300,000 | 300,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $3.15 | 2016-03-11 | 2025-03-11 | 46,000 | 46,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $2.39 | 2014-05-14 | 2023-05-14 | 42,000 | 42,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $3.74 | 2013-03-08 | 2022-03-08 | 20,000 | 20,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $4.72 | 2012-03-15 | 2021-03-15 | 60,000 | 60,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $2.09 | 2011-03-16 | 2020-03-16 | 90,000 | 90,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $1.75 | 2010-10-05 | 2019-10-05 | 267,750 | 267,750 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $0.99 | 2010-03-17 | 2019-03-17 | 125,000 | 125,000 | Direct |
| Abraxas Petroleum Common Stock | Employee Stock Option | $3.60 | 2011-08-28 | 2020-08-28 | 41,624 | 41,624 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 52,511 | 0 | Direct | |
| 2026-03-15 | 415,000 | 415,000 | Direct |
| 2025-03-03 | 300,000 | 300,000 | Direct |
| 2025-03-11 | 46,000 | 46,000 | Direct |
| 2023-05-14 | 42,000 | 42,000 | Direct |
| 2022-03-08 | 20,000 | 20,000 | Direct |
| 2021-03-15 | 60,000 | 60,000 | Direct |
| 2020-03-16 | 90,000 | 90,000 | Direct |
| 2019-10-05 | 267,750 | 267,750 | Direct |
| 2019-03-17 | 125,000 | 125,000 | Direct |
| 2020-08-28 | 41,624 | 41,624 | Direct |
Footnotes
- 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 RSU is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three year period beginning April 1, 2018 and ending April 1, 2021.
- Unless earlier forfeited under the terms of the performance-based RSUs, each performance based vest and converts into no more than 200% of one share of Abraxas Petroleum common stock.
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