| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Enservco Corp [ ENSV ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/05/2017 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 1,899,324 | D | ||||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option | $0.46 | (1) | 06/05/2017 | Common Stock | 100,000 | 100,000 | D | ||||||||
| Stock Option | $1.74 | (2) | 09/30/2017 | Common Stock | 100,000 | 100,000 | D | ||||||||
| Stock Option | $0.6 | (2) | 09/30/2017 | Common Stock | 100,000 | 100,000 | D | ||||||||
| Stock Option | $0.65 | (2) | 09/30/2017 | Common Stock | 325,000 | 325,000 | D | ||||||||
| Stock Option | $1.74 | (3) | 09/30/2017 | Common Stock | 110,000 | 110,000 | D | ||||||||
| Stock Option | $0.65 | (4) | 09/30/2017 | Common Stock | 400,000 | 400,000 | D | ||||||||
| Stock Option | $0.65 | (5) | 09/30/2017 | Common Stock | 350,000 | 350,000 | D | ||||||||
| Warrant | $0.55 | 11/02/2012 | 11/30/2017 | Common Stock | 37,500 | 37,500 | D | ||||||||
| Explanation of Responses: |
| 1. Fully vested as of the date hereof. |
| 2. Fully vested as of the date hereof. As a result of the termination of the Reporting Person's position as a director and officer of the Company, the option will terminate on September 30, 2017 as to any portion of the option not exercised on or prior to such date. |
| 3. Options to acquire 40,000 shares vested on 1/1/17, and, as a result of certain accelerated vesting in connection with the termination of the Reporting Person's position as a director and officer of the Issuer, the remaining options to acquire 70,000 shares will vest on June 30, 2017. As a result of the termination of the Reporting Person's position as a director and officer of the Company, the option will terminate on September 30, 2017 as to any portion of the option not exercised on or prior to such date. |
| 4. Options to acquire 150,000 shares vested on 12/31/16, and, as a result of certain accelerated vesting in connection with the termination of the Reporting Person's position as a director and officer of the Issuer, the remaining options to acquire 250,000 shares will vest on June 30, 2017. As a result of the termination of the Reporting Person's position as a director and officer of the Company, the option will terminate on September 30, 2017 as to any portion of the option not exercised on or prior to such date. |
| 5. Options to acquire 116,667 shares vested on 12/31/16, and, as a result of certain accelerated vesting in connection with the termination of the Reporting Person's position as a director and officer of the Issuer, the remaining options to acquire 233,333 shares will vest on June 30, 2017. As a result of the termination of the Reporting Person's position as a director and officer of the Company, the option will terminate on September 30, 2017 as to any portion of the option not exercised on or prior to such date. |
| /s/ Rick D. Kasch | 05/09/2017 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||