Filing Details

Accession Number:
0001140361-18-017097
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-04 16:29:26
Reporting Period:
2018-04-04
Accepted Time:
2018-04-04 16:29:26
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
1126089 H William Wallace 18803 Meisner Drive
San Antonio TX 78258
Vp Operations 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 $2.19 285,349 No 4 A Direct
Abraxas Petroleum Common Stock Acquisiton 2018-03-31 7,274 $2.20 35,530 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 $0.00 28,539 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,539 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 2026-03-15 197,000 197,000 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 Employe Stock Option $2.39 2014-05-14 2023-05-14 23,500 23,500 Direct
Abraxas Petroleum Common Stockk Employee Stock Option $3.74 2013-03-08 2022-03-08 11,300 11,300 Direct
Abraxas Petroleum Common Stock Employee Stock Option $4.72 2012-03-15 2021-03-15 30,000 30,000 Direct
Abraxas Common Stock Employee Stock Option $2.09 2011-03-16 2020-03-16 60,000 60,000 Direct
Abraxas Petroleum Common Stockk Employee Stock Option $1.75 2010-10-05 2019-10-05 66,937 66,937 Direct
Abraxas Petroleum Common Stockk Employee Stock Option $0.99 2010-03-17 2019-03-17 50,000 50,000 Direct
Abraxas Petroleum Common Stockk Employee Stock Option $3.60 2011-08-28 2017-08-28 18,920 18,920 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-15 197,000 197,000 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 11,300 11,300 Direct
2021-03-15 30,000 30,000 Direct
2020-03-16 60,000 60,000 Direct
2019-10-05 66,937 66,937 Direct
2019-03-17 50,000 50,000 Direct
2017-08-28 18,920 18,920 Direct
Footnotes
  1. 401-K shares acquired as a result of Abraxas Petroleum Corporations safe harbor match for calendar year 2015.
  2. 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.
  3. 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.