LOCKE STACY

PrivateCIK: 1185173

Location

SAN ANTONIO, TX

LOCKE STACY (President & CEO) exercised options at PIONEER ENERGY SERVICES LLC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

LOCKE STACY

Filed: 1/28/2020ACC: 0001179110-20-000829

InsiderLOCKE STACYCIK 1185173

→

IssuerPIONEER ENERGY SERVICES LLCCIK 320575

DirectorOfficer· President & CEO

Since Aug 2018

-133.84K

Net shares

Net seller

$4.5K

Total sold

0

Open market trades

0B · 0S

9

Total transactions

254.48K acquired · 388.32K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

Shares

+82.99K

Price / share

—

Trade value

—

% of position

7.3%

1/24/2020

1.13M→1.22M

Common Stock

Direct

F · Tax Withholding

Shares

−24.61K

Price / share

$0.04

Trade value

$984.20

% of position

2.0%

1/24/2020

1.22M→1.19M

Common Stock

Direct

M · Option Exercise

Shares

+82.99K

Price / share

—

Trade value

—

% of position

7.0%

1/24/2020

1.19M→1.28M

Common Stock

Direct

D · Disposition

Shares

−82.99K

Price / share

$0.03

Trade value

$2.49K

% of position

6.5%

1/24/2020

1.28M→1.19M

Common Stock

Direct

M · Option Exercise

Shares

+88.51K

Price / share

—

Trade value

—

% of position

7.4%

1/25/2020

1.19M→1.28M

Common Stock

Direct

F · Tax Withholding

Shares

−26.24K

Price / share

$0.04

Trade value

$1.05K

% of position

2.0%

1/25/2020

1.28M→1.25M

Total

Net shares

+120.65K

Net value

-$4.52K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/24/2020	M · Option Exercise	+82.99K	—	—	7.3%	1.13M	1.22M
Common Stock Direct	1/24/2020	F · Tax Withholding	−24.61K	$0.04	$984.20	2.0%	1.22M	1.19M
Common Stock Direct	1/24/2020	M · Option Exercise	+82.99K	—	—	7.0%	1.19M	1.28M
Common Stock Direct	1/24/2020	D · Disposition	−82.99K	$0.03	$2.49K	6.5%	1.28M	1.19M
Common Stock Direct	1/25/2020	M · Option Exercise	+88.51K	—	—	7.4%	1.19M	1.28M
Common Stock Direct	1/25/2020	F · Tax Withholding	−26.24K	$0.04	$1.05K	2.0%	1.28M	1.25M
Total			+120.65K		-$4.52K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

82.99K shares

Shares

−82.99K

Strike price

Held after

165.97K

Exercisable

—

1/24/2020

Phantom Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

82.99K shares

Shares

−82.99K

Strike price

Held after

165.97K

Exercisable

—

1/24/2020

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

88.51K shares

Shares

−88.51K

Strike price

Held after

88.51K

Exercisable

—

1/25/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock82.99K shares	1/24/2020	M · Option Exercise	−82.99K		—	165.97K
Phantom Stock Units Direct	Common Stock82.99K shares	1/24/2020	M · Option Exercise	−82.99K		—	165.97K
Restricted Stock Units Direct	Common Stock88.51K shares	1/25/2020	M · Option Exercise	−88.51K		—	88.51K

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned25K

Common Stock

Indirect

Shares owned180.33K

Total

205.33K indirect205.33K

Security Title	Shares Owned	Ownership Type
Common Stock	25K	Indirect
Common Stock	180.33K	Indirect
Total	205.33K	205.33K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported

LOCKE STACY — Insider Transaction (Form 4) Filed Jan 28, 2020 | Finecho