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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
1070036	T Stephen Wendel	18803 Meisner Drive San Antonio TX 78258	Vp - Contracts And Marketing	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	334,961	No	4	A	Direct
Abraxas Petroleum Common Stock	Acquisiton	2018-03-31	7,149	$2.20	122,837	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	177,000	177,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.16	2016-03-03	2025-03-03	150,000	150,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.15	2015-03-11	2024-03-11	24,000	24,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.39	2014-05-14	2023-05-14	22,300	22,300	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.74	2013-03-08	2022-03-08	10,400	10,400	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$4.72	2012-03-15	2021-03-15	30,000	30,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$2.09	2014-03-16	2020-03-16	60,000	60,000	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$1.75	2010-10-05	2019-10-05	66,937	66,937	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$3.60	2011-08-28	2017-08-28	15,330	15,330	Direct
Abraxas Petroleum Common Stock	Employee Stock Option	$0.99	2003-03-17	2019-03-17	50,000	50,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-03-15	177,000	177,000	Direct
2025-03-03	150,000	150,000	Direct
2024-03-11	24,000	24,000	Direct
2023-05-14	22,300	22,300	Direct
2022-03-08	10,400	10,400	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
2017-08-28	15,330	15,330	Direct
2019-03-17	50,000	50,000	Direct

Footnotes

401-K shares acquired as a result of Abraxas Petroleum Corporations safe harbor match for calendar year 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 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.