POLDRACK LANNY TRAMPAS (VP, Safety and Operations) exercised options at BASIC ENERGY SERVICES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/20/2020ACC: 0001109189-20-000095
Officer· VP, Safety and Operations
Since Dec 2018
-5.17K
Net shares
Net seller
$1.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
5.17K acquired · 10.34K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+5.17K
Price / share
—
Trade value
—
% of position
11.1%
5/15/2020
46.41K→51.58K
Common Stock
Direct
Shares
−5.17K
Price / share
$0.29
Trade value
$1.50K
% of position
10.0%
5/15/2020
51.58K→46.41K
Total
Net shares
+0.00
Net value
-$1.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/15/2020 | M · Option Exercise | +5.17K | — | — | 11.1% | 46.41K | 51.58K |
| Common Stock Direct | 5/15/2020 | D · Disposition | −5.17K | $0.29 | $1.50K | 10.0% | 51.58K | 46.41K |
| Total | +0.00 | -$1.50K | ||||||
Derivative Transactions1
Time-Based Phantom Shares
Direct
Converts to
Common Stock
5.17K shares
Shares
−5.17K
Strike price
Held after
10.34K
Exercisable
—
5/15/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Time-Based Phantom Shares Direct | Common Stock5.17K shares | 5/15/2020 | M · Option Exercise | −5.17K | — | 10.34K |