0001209191-11-019166.txt : 20110322
0001209191-11-019166.hdr.sgml : 20110322
20110322151451
ACCESSION NUMBER: 0001209191-11-019166
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110318
FILED AS OF DATE: 20110322
DATE AS OF CHANGE: 20110322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HUSEMAN KENNETH V
CENTRAL INDEX KEY: 0001222728
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32693
FILM NUMBER: 11703804
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: 400 W. ILLINOIS, SUITE 800
CITY: MIDLAND
STATE: TX
ZIP: 79701
BUSINESS PHONE: 4326205500
MAIL ADDRESS:
STREET 1: 400 W. ILLINOIS, SUITE 800
CITY: MIDLAND
STATE: TX
ZIP: 79701
FORMER COMPANY:
FORMER CONFORMED NAME: SIERRA WELL SERVICE INC
DATE OF NAME CHANGE: 20000313
4
1
c14447_4x0.xml
MAIN DOCUMENT DESCRIPTION
X0303
4
2011-03-18
0001109189
BASIC ENERGY SERVICES INC
BAS
0001222728
HUSEMAN KENNETH V
1
1
0
0
President and CEO
Common Stock
2011-03-18
4
M
0
10000
4
A
702455
D
Common Stock
2011-03-18
4
S
0
15000
22.7506
D
687455
D
Common Stock
2011-03-18
4
F
0
10253
23
D
677202
D
Common Stock
16270
I
By spouse
Stock Option (Right to Buy)
4
2011-03-18
4
M
0
10000
0
D
2006-01-01
2013-05-04
Common Stock
10000
138200
D
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan entered into by the reporting person on March 4, 2011.
In connection with the vesting of shares of restricted stock pursuant to the Fourth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan, the issuer withheld vested shares and agreed to satisfy the executive's withholding tax obligations in lieu of cash. The number of vested shares withheld was based on the closing price per share on March 18, 2011. The withholding of vested shares pursuant to this award was approved by the Compensation Committee of the board of directors of the issuer, and the number of shares indicated in this Form 4 were acquired as treasury stock by the issuer.
Stock options granted under the Fourth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan.
Cody Bissett, Attorney-in-Fact
2011-03-22