Forbes Energy Services Ltd. 4
4 · Forbes Energy Services Ltd. · Filed Jan 7, 2016
Insider Transaction Report
Form 4
Forbes Charles C.
DirectorExecutive Vice President & COO10% Owner
Transactions
- Disposition to Issuer
Common Stock
2016-01-06$0.24/sh−44,445$10,667→ 2,793,106 total
Footnotes (1)
- [F1]On January 6, 2016, the reporting person had an award of restricted stock units that vested in accordance with the provisions in the grant made on January 6, 2013. Each restricted stock unit converts into common stock on a one-for-one basis. The restricted stock units were settled in cash valued at $0.24 per share, based on the market closing price on January 6, 2016. No shares were actually, issued, converted, or sold in connection with this transaction.