SCHWARTZ DIRK A (VP - Business Development) purchased 143.1% of their position (35.38K shares) of ABRAXAS PETROLEUM CORP on the open market

Open‑market purchase worth $9.9K — a major conviction buy. The strongest form of insider conviction signal.

P · 1 purchase

SCHWARTZ DIRK A

Filed: 2/11/2020ACC: 0001567619-20-002726

InsiderSCHWARTZ DIRK ACIK 1714786

→

IssuerABRAXAS PETROLEUM CORPCIK 867665

Officer· VP - Business Development

Since Feb 2019

+35.38K

Net shares

Net buyer

$9.9K

Total acquired

Open market trades

1B · 0S

Total transactions

35.38K acquired

Non-Derivative Transactions1

Abraxas Petroleum Corp Common Stock

Indirect

P · Purchase

+35.38K

Price / share

$0.28

Trade value

$9.91K

% of position

143.1%

2/7/2020

24.73K→60.11K

Total

Net shares

+35.38K

Net value

$9.91K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Abraxas Petroleum Corp Common Stock Indirect	2/7/2020	P · Purchase	+35.38K	$0.28	$9.91K	143.1%	24.73K	60.11K
Total			+35.38K		$9.91K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Abraxas Petroleum Corp Common Stock

Direct

Shares owned119.31K

Total

119.31K direct119.31K

Security Title	Shares Owned	Ownership Type
Abraxas Petroleum Corp Common Stock	119.31K	Direct
Total	119.31K	119.31K direct

Derivative Holdings (Post-Transaction)6

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Corp Common Stock

Underlying shares

17K

Shares owned

17K

Exercise price

3.15

Expiration

—

Exercise window

—

Performance-based Restricted Stock Unit

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

27.40K

Shares owned

27.40K

Exercise price

2.37

Expiration

—

Exercise window

—

Performance-based Restricted Stock Unit

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

46.64K

Shares owned

46.64K

Exercise price

1.34

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Corp Common Stock

Underlying shares

24K

Shares owned

24K

Exercise price

0.97

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

100K

Shares owned

100K

Exercise price

1.67

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Corp Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

3.67

Expiration

—

Exercise window

—

Total

Underlying

235.04K

Owned

235.04K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option Direct	Abraxas Petroleum Corp Common Stock	3.15	—	—	17K	17K
Performance-based Restricted Stock Unit Direct	Abraxas Petroleum Common Stock	2.37	—	—	27.40K	27.40K
Performance-based Restricted Stock Unit Direct	Abraxas Petroleum Common Stock	1.34	—	—	46.64K	46.64K
Employee Stock Option Direct	Abraxas Petroleum Corp Common Stock	0.97	—	—	24K	24K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	1.67	—	—	100K	100K
Employee Stock Option Direct	Abraxas Petroleum Corp Common Stock	3.67	—	—	20K	20K
Total					235.04K	235.04K