0001434842-16-000060.txt : 20160329 0001434842-16-000060.hdr.sgml : 20160329 20160329115521 ACCESSION NUMBER: 0001434842-16-000060 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160326 FILED AS OF DATE: 20160329 DATE AS OF CHANGE: 20160329 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Forbes Energy Services Ltd. CENTRAL INDEX KEY: 0001434842 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 BUSINESS PHONE: 361-664-0549 MAIL ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cooper L Melvin CENTRAL INDEX KEY: 0001505460 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35281 FILM NUMBER: 161534339 MAIL ADDRESS: STREET 1: 2930 W. SAM HOUSTON PARKWAY N STREET 2: SUITE 300 CITY: HOUSTON STATE: TX ZIP: 77043 4 1 wf-form4_145926690997293.xml FORM 4 X0306 4 2016-03-26 0 0001434842 Forbes Energy Services Ltd. FES 0001505460 Cooper L Melvin 3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 77382 0 1 0 0 Senior Vice President & CFO Common Stock 2016-03-26 4 M 0 29049 0 A 144782 D Common Stock 2016-03-26 4 D 0 29049 0.48 D 115733 D Common Stock 2016-03-26 4 M 0 34779 0 A 150512 D Common Stock 2016-03-26 4 D 0 34779 0.48 D 115733 D Restricted Stock Units 2016-03-26 4 M 0 29049 0 D Common Stock 29049.0 58979 D Restricted Stock Units 2016-03-26 4 M 0 34779 0 D Common Stock 34779.0 70653 D On March 26, 2016, the reporting person had an award of restricted stock units that vested in accordance with the provisions in a grant made on June 3, 2015. Each restricted stock unit converts into common stock on a one-for-one basis. The restricted stock units were settled in cash valued at $0.48 per share, based on the market closing price on March 24, 2016. No shares were actually, issued, converted, or sold in connection with this transaction. On June 3, 2015, the reporting person was granted 88,028 restricted stock units, of which 33%, 33% and 34% vests on the first, second and third anniversary of March 26, 2015, respectively. On June 3, 2015, the reporting person was granted 105,392 restricted stock units, of which 33%, 33% and 34% vests on the first, second and third anniversary of March 26, 2015, respectively. /s/ L. Melvin Cooper 2016-03-29