0001109189-18-000158.txt : 20181226
0001109189-18-000158.hdr.sgml : 20181226
20181226171145
ACCESSION NUMBER: 0001109189-18-000158
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181223
FILED AS OF DATE: 20181226
DATE AS OF CHANGE: 20181226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wegner Richard Scott
CENTRAL INDEX KEY: 0001751690
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32693
FILM NUMBER: 181253158
MAIL ADDRESS:
STREET 1: 801 CHERRY STREET, SUITE 2100, UNIT #21
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_154586228871472.xml
FORM 4
X0306
4
2018-12-23
0
0001109189
BASIC ENERGY SERVICES INC
BAS
0001751690
Wegner Richard Scott
801 CHERRY ST, SUITE 2100
FORT WORTH
TX
76102
0
1
0
0
See Remarks
Common Stock
2018-12-23
4
M
0
2698
0
A
2698
D
Common Stock
2018-12-23
4
F
0
661
4.16
D
2037
D
Restricted Stock Units
2018-12-23
4
M
0
2698
0
D
Common Stock
2698.0
8033
D
Restricted stock units converted into shares of 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 December 21, 2018. Such shares were acquired as treasury stock by the Issuer.
On December 23, 2016, the Reporting Person was granted 8,094 restricted stock units, which vested in three equal annual installments beginning on December 23, 2016. On February 8, 2018, the Reporting Person (i) earned 8,094 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 2,637 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.
VP - Quality, Health, Safety & Environment
/s/ David S. Schorlemer, Attorney-in-Fact
2018-12-26