Rogers Doug 4

4 · BASIC ENERGY SERVICES INC · Filed Feb 12, 2018

Form 4

Period: 2018-02-08

VP - Marketing

Transactions

Exercise/Conversion
Common Stock
2018-02-08+10,793→ 10,793 total
Exercise/Conversion
Restricted Stock Units
2018-02-08−10,793→ 32,376 total
→ Common Stock (10,793 underlying)
Tax Payment
Common Stock
2018-02-08$17.31/sh−2,859$49,489→ 7,934 total
Award
Restricted Stock Units
2018-02-08+32,377→ 43,169 total
→ Common Stock (32,377 underlying)
Award
Stock Option (right to buy)
2018-02-08+12,951→ 12,951 total
Exercise: $41.93Exp: 2027-02-22→ Common Stock (12,951 underlying)
Award
Restricted Stock Units
2018-02-08+5,935→ 38,311 total
→ Common Stock (5,935 underlying)

Footnotes (5)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]In connection with the vesting of Restricted Stock Units, the Issuer withheld vested shares of common stock and agreed to satisfy the Reporting Person's tax withholding obligations in lieu of cash. The number of vested shares withheld was based on the closing price of the Issuer's common stock on February 8, 2018. Such shares were acquired as treasury stock by the Issuer.
[F3]Represents earning of performance-based Restricted Stock Units that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies. The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2018.
[F4]The Stock Options vest in three equal annual installments beginning on February 8, 2018. Represents earning of performance-based Stock Options that were initially granted on February 22, 2017. Performance for the award was measured based on the Issuer's relative total stockholder return (TSR) compared to the TSR of a selected peer group of energy services companies.
[F5]The Restricted Stock Units vest in three equal annual installments beginning on February 8, 2019.

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