0001513217-16-000011.txt : 20161004 0001513217-16-000011.hdr.sgml : 20161004 20161004152525 ACCESSION NUMBER: 0001513217-16-000011 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161001 FILED AS OF DATE: 20161004 DATE AS OF CHANGE: 20161004 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: Sherrill William W. CENTRAL INDEX KEY: 0001513217 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35281 FILM NUMBER: 161918552 MAIL ADDRESS: STREET 1: 3000 SOUTH BUSINESS HIGHWAY 281 CITY: ALICE STATE: TX ZIP: 78332 4 1 wf-form4_147560911275415.xml FORM 4 X0306 4 2016-10-01 0 0001434842 Forbes Energy Services Ltd. FES 0001513217 Sherrill William W. 3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332 1 0 0 0 Common Stock 2016-10-01 4 M 0 29596 0 A 83175 D Common Stock 2016-10-01 4 D 0 29596 0.14 D 53579 D Restricted Stock Units 2016-10-01 4 M 0 29596 0 D Common Stock 29596.0 59194 D On October 1, 2016, the reporting person had an award of restricted stock units that vested in accordance with the provisions in a grant made on May 24, 2016. Each restricted stock unit converts into common stock on a one-for-one basis. The restricted stock units were settled in cash valued at $0.14 per share, based on the market closing price on September 30, 2016. No shares were actually, issued, converted, or sold in connection with this transaction On May 24, 2016, the reporting person was granted 118,386 restricted stock units, vesting quarterly in four equal installments beginning on July 1, 2016. /s/ L. Melvin Cooper, Power of Attorney for William W. Sherrill 2016-10-04