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