PHILLIPS LORNE (EVP & CFO) 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

PHILLIPS LORNE

Filed: 1/28/2020ACC: 0001179110-20-000832

InsiderPHILLIPS LORNECIK 1384242

→

IssuerPIONEER ENERGY SERVICES LLCCIK 320575

Officer· EVP & CFO

Since Jan 2019

-58.55K

Net shares

Net seller

$2.0K

Total sold

Open market trades

0B · 0S

Total transactions

90.29K acquired · 148.84K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+32.95K

Price / share

—

Trade value

—

% of position

12.0%

1/24/2020

274K→306.96K

Common Stock

Direct

F · Tax Withholding

−14.71K

Price / share

$0.04

Trade value

$588.56

% of position

4.8%

1/24/2020

306.96K→292.24K

Common Stock

Direct

M · Option Exercise

+32.95K

Price / share

—

Trade value

—

% of position

11.3%

1/24/2020

292.24K→325.20K

Common Stock

Direct

D · Disposition

−32.95K

Price / share

$0.03

Trade value

$988.62

% of position

10.1%

1/24/2020

325.20K→292.24K

Common Stock

Direct

M · Option Exercise

+24.38K

Price / share

—

Trade value

—

% of position

8.3%

1/25/2020

292.24K→316.62K

Common Stock

Direct

F · Tax Withholding

−10.88K

Price / share

$0.04

Trade value

$435.40

% of position

3.4%

1/25/2020

316.62K→305.74K

Total

Net shares

+31.73K

Net value

-$2.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/24/2020	M · Option Exercise	+32.95K	—	—	12.0%	274K	306.96K
Common Stock Direct	1/24/2020	F · Tax Withholding	−14.71K	$0.04	$588.56	4.8%	306.96K	292.24K
Common Stock Direct	1/24/2020	M · Option Exercise	+32.95K	—	—	11.3%	292.24K	325.20K
Common Stock Direct	1/24/2020	D · Disposition	−32.95K	$0.03	$988.62	10.1%	325.20K	292.24K
Common Stock Direct	1/25/2020	M · Option Exercise	+24.38K	—	—	8.3%	292.24K	316.62K
Common Stock Direct	1/25/2020	F · Tax Withholding	−10.88K	$0.04	$435.40	3.4%	316.62K	305.74K
Total			+31.73K		-$2.01K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

32.95K shares

−32.95K

Strike price

Held after

65.91K

Exercisable

—

1/24/2020

Phantom Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

32.95K shares

−32.95K

Strike price

Held after

65.91K

Exercisable

—

1/24/2020

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

24.38K shares

−24.38K

Strike price

Held after

24.38K

Exercisable

—

1/25/2020

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock32.95K shares	1/24/2020	M · Option Exercise	−32.95K	—	65.91K
Phantom Stock Units Direct	Common Stock32.95K shares	1/24/2020	M · Option Exercise	−32.95K	—	65.91K
Restricted Stock Units Direct	Common Stock24.38K shares	1/25/2020	M · Option Exercise	−24.38K	—	24.38K