SEC Form 4

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* Bommer Peter A. (Last) (First) (Middle) 18803 MEISNER DRIVE (Street) SAN ANTONIO TX 78258 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ABRAXAS PETROLEUM CORP [ AXAS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP - Engineering
	3. Date of Earliest Transaction (Month/Day/Year) 04/01/2019
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Abraxas Petroleum Common Stock	04/01/2019		A		51,306	A	$0.99	357,807	D
Abraxas Petroleum Common Stock								46,559	I	401-K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Performance-based Restricted Stock Unit	$2.37							04/02/2021	04/02/2021	Abraxas Petroleum Common Stock	28,539		28,539	D
Employee Stock Option	$0.97							03/15/2017	03/15/2026	Abraxas Petroleum Common Stock	148,000		148,000	D
Employee Stock Option	$3.16							03/03/2016	03/03/2025	Abraxas Petroleum Common Stock	200,000		200,000	D
Employee Stock Option	$3.15							03/11/2015	03/11/2024	Abraxas Petroleum Common Stock	25,000		25,000	D
Employee Stock Option	$2.39							05/14/2014	05/14/2023	Abraxas Petroleum Common Stock	23,500		23,500	D
Employee Stock Option	$3.74							03/08/2013	03/08/2022	Abraxas Petroleum Common Stock	10,500		10,500	D
Employee Stock Option	$3.55							08/09/2012	08/09/2021	Abraxas Petroleum Common Stock	25,000		25,000	D
Employee Stock Option	$4.72							03/15/2012	03/15/2021	Abraxas Petroleum Common Stock	15,000		15,000	D
Employee Stock Option	$2.09							03/16/2011	03/16/2020	Abraxas Petroleum Common Stock	35,900		35,900	D
Employee Stock Option	$1.75							10/05/2010	10/05/2019	Abraxas Petroleum Common Stock	31,875		31,875	D
Employee Stock Option	$3.61							09/05/2008	09/05/2017	Abraxas Petroleum Common Stock	5,000		5,000	D
Performance-based Restricted Stock Unit	$1.34	04/01/2019		M		51,306		(2)	(2)	Abraxas Petroleum Common Stock	51,306(1)	$1.34	51,306(1)	D

Explanation of Responses:

1. Each performance-based restricted share represents the right to receive, following vesting, up to 200% of one share of Abraxas Petroleum Corporation common stock. The resulting number of shares of common stock acquired upon vesting of the performance-based restricted shares is contingent upon achievement of pre-established performance metrics, as approved by the Company's , Compensation Committee, over a three-year performance period beginning on April 1, 2019 and ending on April 1, 2022.

2. Unless earlier forfeited under the terms of the performance-based restricted shares, each performance based share vest and converts to no more than 200% of one share.

	Peter A. Bommer	04/03/2019
	** Signature of Reporting Person	Date
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