PENA CARLOS R (EVP, CSO) 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

PENA CARLOS R

Filed: 1/28/2020ACC: 0001179110-20-000830

InsiderPENA CARLOS RCIK 1448971

→

IssuerPIONEER ENERGY SERVICES LLCCIK 320575

Officer· EVP, CSO

Since Jan 2019

-40.16K

Net shares

Net seller

$1.3K

Total sold

Open market trades

0B · 0S

Total transactions

74.59K acquired · 114.75K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+25.65K

Price / share

—

Trade value

—

% of position

16.3%

1/24/2020

157.06K→182.70K

Common Stock

Direct

F · Tax Withholding

−7.61K

Price / share

$0.04

Trade value

$304.20

% of position

4.2%

1/24/2020

182.70K→175.10K

Common Stock

Direct

M · Option Exercise

+25.65K

Price / share

—

Trade value

—

% of position

14.6%

1/24/2020

175.10K→200.75K

Common Stock

Direct

D · Disposition

−25.65K

Price / share

$0.03

Trade value

$769.47

% of position

12.8%

1/24/2020

200.75K→175.10K

Common Stock

Direct

M · Option Exercise

+23.29K

Price / share

—

Trade value

—

% of position

13.3%

1/25/2020

175.10K→198.39K

Common Stock

Direct

F · Tax Withholding

−6.91K

Price / share

$0.04

Trade value

$276.24

% of position

3.5%

1/25/2020

198.39K→191.49K

Total

Net shares

+34.43K

Net value

-$1.35K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/24/2020	M · Option Exercise	+25.65K	—	—	16.3%	157.06K	182.70K
Common Stock Direct	1/24/2020	F · Tax Withholding	−7.61K	$0.04	$304.20	4.2%	182.70K	175.10K
Common Stock Direct	1/24/2020	M · Option Exercise	+25.65K	—	—	14.6%	175.10K	200.75K
Common Stock Direct	1/24/2020	D · Disposition	−25.65K	$0.03	$769.47	12.8%	200.75K	175.10K
Common Stock Direct	1/25/2020	M · Option Exercise	+23.29K	—	—	13.3%	175.10K	198.39K
Common Stock Direct	1/25/2020	F · Tax Withholding	−6.91K	$0.04	$276.24	3.5%	198.39K	191.49K
Total			+34.43K		-$1.35K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

25.65K shares

−25.65K

Strike price

Held after

51.30K

Exercisable

—

1/24/2020

Phantom Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

25.65K shares

−25.65K

Strike price

Held after

51.30K

Exercisable

—

1/24/2020

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

23.29K shares

−23.29K

Strike price

Held after

23.29K

Exercisable

—

1/25/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock25.65K shares	1/24/2020	M · Option Exercise	−25.65K	—	51.30K
Phantom Stock Units Direct	Common Stock25.65K shares	1/24/2020	M · Option Exercise	−25.65K	—	51.30K
Restricted Stock Units Direct	Common Stock23.29K shares	1/25/2020	M · Option Exercise	−23.29K	—	23.29K