0001562180-18-000133.txt : 20180103 0001562180-18-000133.hdr.sgml : 20180103 20180103170136 ACCESSION NUMBER: 0001562180-18-000133 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180103 DATE AS OF CHANGE: 20180103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Drummond Robert Wayne Jr CENTRAL INDEX KEY: 0001645511 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08038 FILM NUMBER: 18506373 MAIL ADDRESS: STREET 1: 1301 MCKINNEY ST STREET 2: STE 1800 CITY: HOUSTON STATE: TX ZIP: 77010 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: DE 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 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2017-12-31 false 0000318996 KEY ENERGY SERVICES INC KEG 0001645511 Drummond Robert Wayne Jr 1301 MCKINNEY STREET SUITE 1800 HOUSTON TX 77010 true true false false President and CEO Common Stock 2017-12-31 2018-01-03 4 A false 150637.00 0.00 A 250292.00 D Common Stock 2017-12-31 2018-01-03 4 A false 25107.00 0.00 A 275399.00 D Common Stock 2017-12-31 2018-01-03 4 F false 10533.00 11.82 D 264866.00 D Common Stock 2017-12-31 2018-01-03 4 D false 75318.00 0.00 D 189548.00 D Stock Options (Right to buy) 47.99 2017-12-31 2018-01-03 4 A false 12553.00 0.00 A 2016-12-20 2026-12-20 Common Stock 12553.00 62765.00 D Stock Options (Right to buy) 19.35 2017-12-31 2018-01-03 4 A false 12553.00 0.00 A 2016-12-15 2026-12-15 Common Stock 12553.00 62765.00 D Stock Options (Right to buy) 19.35 2017-12-31 2018-01-03 4 D false 37659.00 D 2016-12-15 2026-12-15 Common Stock 37659.00 25106.00 D Stock Options (Right to buy) 47.99 2018-12-31 2018-01-03 4 D false 37659.00 D 2016-12-20 2026-12-20 Common Stock 37659.00 25106.00 D Each share of Common Stock represents an award of restricted stock units that shall be settled upon vesting in one share of the Company's Common Stock upon the vesting of the underlying award. Each share of Common Stock represents the settlement of a performance share unit award that became vested on 12/31/2017. Includes 225,955 unvested restricted stock units granted under the 2016 Plan. The units were cancelled by mutual agreement of the reporting person and the Company. The reporting person received a grant of restricted stock units and performance share units as consideration for the cancellation. The number of shares of Common Stock beneficially owned includes 150,637 unvested shares of restricted stock units granted under the 2016 Plan. The reporting person was granted an option to purchase 50,212 shares of Common Stock. This tranche of the option was scheduled to vest based on the Company's satisfaction of certain performance criteria for the fiscal year 2017. The performance criteria for 2017 were met, resulting in vesting of this tranche of the option. The option was cancelled by mutual agreement of the reporting person and the Company. The reporting person received a grant of restricted stock units and performance share units as consideration for the cancellation. By: Katherine I. Hargis, Attorney-in-Fact for Robert W. Drummond 2018-01-03