4//SEC Filing
Superior Well Services, INC 4
Accession 0001209191-08-005280
CIK 0001323715operating
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 2:35 PM ET
Size
6.6 KB
Accession
0001209191-08-005280
Insider Transaction Report
Form 4
Neal Charles C
Director
Transactions
- Award
Common Stock
2008-01-22$1.00/sh+2,000$2,000→ 14,000 total
Holdings
- 5,000(indirect: See footnote (2))
Common Stock
Footnotes (2)
- [F1]These restricted shares were granted under the Superior Well Services, Inc.'s Restricted Stock Agreement for Non-Employee Directors. These restricted shares are subject to forfeiture restrictions based on the Reporting Person's remaining an employee of the Issuer. If the Reporting Person remains an employee of the Issuer for less than one year, the forfeiture restrictions do not lapse with respect to any of the shares. After one year's service, the forfieture restrictions lapse with respect to 15% of the shares, 30% after 2 years, 45% after 3 years, 60% after 4 years and 100% after 5 or more years.
- [F2]The reported securities are indirectly owned by Charles C. Neal through Chas. A. Neal & Company, which directly owns the 5,000 shares. Charles C. Neal is a director and the President of Chas. A. Neal & Company, and, as such, he may be deemed to have voting and dispositive power over the shares directly owned by Chas. A. Neal & Company. Mr. Charles C. Neal disclaims beneficial ownership in the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
Superior Well Services, INC
CIK 0001323715
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001323715
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 2:35 PM ET
- Size
- 6.6 KB