Filing Details

Accession Number:
0001109189-17-000152
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-27 18:05:49
Reporting Period:
2017-12-23
Accepted Time:
2017-12-27 18:05:49
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 Acquisiton 2017-12-23 29,679 $0.00 41,654 No 4 M Direct
Common Stock Disposition 2017-12-23 8,234 $23.71 33,420 No 4 F Direct
Common Stock Disposition 2017-12-26 500 $25.00 32,920 No 4 S Direct
Common Stock Disposition 2017-12-27 4,000 $25.06 28,920 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2017-12-23 29,679 $0.00 29,679 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
29,678 No 4 M Direct
Footnotes
  1. Restricted stock units converted into shares of common stock on a one-for-one basis
  2. In connection with the vesting of restricted stock units, the Issuer withheld vested shares of common stock and agreed to satisfy the Reporting Person's tax withholding obligations in lieu of cash. The number of vested shares withheld was based on the closing price of the Issuer's common stock on December 22, 2017. Such shares were acquired as treasury stock by the Issuer.
  3. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan entered into by the Reporting Person on August 17, 2017.
  4. Reflects the weighted average sales price for the common stock. These shares were sold in multiple transactions at prices ranging from $24.9870 to $25.0900, 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.
  5. On December 23, 2016, the Reporting Person was granted 89,036 restricted stock units, which vest in three equal annual installments beginning on December 23, 2016.