0001109189-18-000166.txt : 20181226
0001109189-18-000166.hdr.sgml : 20181226
20181226171718
ACCESSION NUMBER: 0001109189-18-000166
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: Dame William Timothy
CENTRAL INDEX KEY: 0001543995
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32693
FILM NUMBER: 181253195
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_154586262255048.xml
FORM 4
X0306
4
2018-12-23
0
0001109189
BASIC ENERGY SERVICES INC
BAS
0001543995
Dame William Timothy
801 CHERRY ST
STE 2100
FORT WORTH
TX
76102
0
1
0
0
VP - Pumping Services
Common Stock
2018-12-23
4
M
0
16188
0
A
28065
D
Common Stock
2018-12-23
4
F
0
3962
4.16
D
24103
D
Restricted Stock Units
2018-12-23
4
M
0
16188
0
D
Common Stock
16188.0
43585
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 48,565 restricted stock units, which vested in three equal annual installments beginning on December 23, 2016. On February 8, 2018, the Reporting Person (i) earned 48,565 performance-based Restricted Stock Units, which vest in three equal annual installments beginning on February 8, 2018 and (ii) was granted 11,209 Restricted Stock Units, which vest in three equal annual installments beginning on March 15, 2019.
/s/ David Schorlemer, Attorney-in-Fact
2018-12-26