0001434842-16-000075.txt : 20160405
0001434842-16-000075.hdr.sgml : 20160405
20160405163846
ACCESSION NUMBER: 0001434842-16-000075
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160401
FILED AS OF DATE: 20160405
DATE AS OF CHANGE: 20160405
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: Izatt Ted A.
CENTRAL INDEX KEY: 0001556838
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35281
FILM NUMBER: 161555006
MAIL ADDRESS:
STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281
CITY: ALICE
STATE: TX
ZIP: 78332
4
1
wf-form4_145988871239962.xml
FORM 4
X0306
4
2016-04-01
0
0001434842
Forbes Energy Services Ltd.
FES
0001556838
Izatt Ted A.
3000 SOUTH BUSINESS HIGHWAY 281
ALICE
TX
78332
1
0
0
0
Common Stock
2016-04-01
4
M
0
10584
0
A
76385
D
Common Stock
2016-04-01
4
D
0
10584
0.48
D
65801
D
Restricted Stock Units
2016-04-01
4
M
0
10584
0
D
Common Stock
10584.0
0
D
On April 1, 2016, the reporting person had an award of restricted stock units that vested in accordance with the provisions in a grant made on June 15, 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 April 1, 2016. No shares were actually, issued, converted, or sold in connection with this transaction.
On June 15, 2015, the reporting person was granted 42,336 restricted stock units, vesting quarterly in four equal installments beginning on July 1, 2015.
/s/ L. Melvin Cooper, Power of Attorney for Ted A. Izatt
2016-04-05