Filing Details
- Accession Number:
- 0001209191-11-019166
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-22 15:14:51
- Reporting Period:
- 2011-03-18
- Filing Date:
- 2011-03-22
- Accepted Time:
- 2011-03-22 15:14:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1222728 | V Kenneth Huseman | President And Ceo | Yes | 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 | Acquisiton | 2011-03-18 | 10,000 | $4.00 | 702,455 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-03-18 | 15,000 | $22.75 | 687,455 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2011-03-18 | 10,253 | $23.00 | 677,202 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2011-03-18 | 10,000 | $0.00 | 10,000 | $4.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 138,200 | 2006-01-01 | 2013-05-04 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 16,270 | Indirect | By spouse |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan entered into by the reporting person on March 4, 2011.
- In connection with the vesting of shares of restricted stock pursuant to the Fourth 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 18, 2011. 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.
- Stock options granted under the Fourth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan.
Billionaire Hedge Funds
