0001209191-16-156232.txt : 20161220 0001209191-16-156232.hdr.sgml : 20161220 20161220210413 ACCESSION NUMBER: 0001209191-16-156232 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161215 FILED AS OF DATE: 20161220 DATE AS OF CHANGE: 20161220 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KEY ENERGY SERVICES INC CENTRAL INDEX KEY: 0000318996 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 042648081 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1301 MCKINNEY STREET STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 713-651-4300 MAIL ADDRESS: STREET 1: 1301 MCKINNEY STREET STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77010 FORMER COMPANY: FORMER CONFORMED NAME: KEY ENERGY GROUP INC DATE OF NAME CHANGE: 19950217 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL ENVIRONMENTAL GROUP INC DATE OF NAME CHANGE: 19921228 FORMER COMPANY: FORMER CONFORMED NAME: YANKEE COMPANIES INC DATE OF NAME CHANGE: 19891012 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hargis Katherine CENTRAL INDEX KEY: 0001539993 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08038 FILM NUMBER: 162062636 MAIL ADDRESS: STREET 1: 1301 MCKINNEY STREET STREET 2: SUITE 1800 CITY: HOUSTON STATE: TX ZIP: 77010 FORMER NAME: FORMER CONFORMED NAME: HARGIS KATHERINE I DATE OF NAME CHANGE: 20120119 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-12-15 0 0000318996 KEY ENERGY SERVICES INC KEG 0001539993 Hargis Katherine 1301 MCKINNEY ST STE 1800 HOUSTON TX 77010 0 1 0 0 VP, CLO and Secretary Common Stock ($0.10 par value) 2016-12-15 4 J 0 163874 D 0 D Common Stock ($0.01 par value) 2016-12-15 4 J 0 837 A 837 D Common Stock ($0.01 par value) 2016-12-19 4 F 0 208 D 629 D Warrant (right to buy) 43.52 2016-12-15 4 P 0 942 0.00 A 2020-12-15 Common Stock ($0.01 par value) 942 4891 D Warrant (right to buy) 54.40 2016-12-15 4 P 0 942 0.00 A 2021-12-15 Common Stock ($0.01 par value) 942 5833 D In connection with the Issuer's reorganization pursuant to bankruptcy, all unvested restricted stock awards received 100% accelerated vesting. Pursuant to a reclassification exempt under Rule 16b-7, each then-vested share of Common Stock ($0.10 par value) was cancelled, and new vested securities (Common Stock at $0.01 par value) were issued to the insider, along with warrants described below. The withholding of shares of Common Stock for taxes relates to the accelerated vesting of equity compensation awards that occurred immediately prior to the Issuer's emergence from bankruptcy. For administrative reasons the shares were withheld from the newly issued Common Stock ($0.01). The warrant will be exercisable for one share of Common Stock ($0.01 par value) on the earlier to occur of the expiration date or the date of completion of a merger, sale or other reorganization transaction that results in the Common Stock being converted into cash. By: Katherine I. Hargis 2016-12-20