0001109189-18-000023.txt : 20180212 0001109189-18-000023.hdr.sgml : 20180212 20180212201902 ACCESSION NUMBER: 0001109189-18-000023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180208 FILED AS OF DATE: 20180212 DATE AS OF CHANGE: 20180212 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lannen Eric CENTRAL INDEX KEY: 0001649974 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32693 FILM NUMBER: 18598711 MAIL ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 2100 CITY: FORT WORTH STATE: TX ZIP: 76102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BASIC ENERGY SERVICES INC CENTRAL INDEX KEY: 0001109189 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 542091194 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 2100 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-4100 MAIL ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 2100 CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA WELL SERVICE INC DATE OF NAME CHANGE: 20000313 4 1 wf-form4_151848472731573.xml FORM 4 X0306 4 2018-02-08 0 0001109189 BASIC ENERGY SERVICES INC BAS 0001649974 Lannen Eric 801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102 0 1 0 0 Vice President -Human Resource Common Stock 2018-02-08 4 M 0 8095 0 A 15727 D Common Stock 2018-02-08 4 F 0 2217 17.31 D 13510 D Restricted Stock Units 2018-02-08 4 A 0 24283 0 A Common Stock 24283.0 32377 D Restricted Stock Units 2018-02-08 4 M 0 8095 0 D Common Stock 8095.0 24282 D Stock Option (right to buy) 41.93 2018-02-08 4 A 0 9713 0 A 2027-02-22 Common Stock 9713.0 9713 D Restricted Stock Units 2018-02-08 4 A 0 9677 0 A Common Stock 9677.0 33959 D Restricted stock units convert into common stock on a one-for-one basis. 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 February 8, 2018. Such shares were acquired as treasury stock by the Issuer. Represents earning of performance-based Restricted Stock Units that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies. The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2018. The Stock Options vest in three equal annual installments beginning on February 8, 2018. Represents earning of performance-based Stock Options that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies. The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2019. /s/ John Cody Bissett, Attorney-in-Fact 2018-02-12