WATSON ROBERT L G (President/CEO) purchased 14.5% of their position (35.38K shares) of ABRAXAS PETROLEUM CORP on the open market

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

P · 1 purchase

WATSON ROBERT L G

Filed: 2/11/2020ACC: 0001567619-20-002727

InsiderWATSON ROBERT L GCIK 1070035

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IssuerABRAXAS PETROLEUM CORPCIK 867665

Officer· President/CEO

Since Dec 2018

+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 Common Stock

Indirect

P · Purchase

+35.38K

Price / share

$0.28

Trade value

$9.91K

% of position

14.5%

2/7/2020

244.60K→279.98K

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 Common Stock Indirect	2/7/2020	P · Purchase	+35.38K	$0.28	$9.91K	14.5%	244.60K	279.98K
Total			+35.38K		$9.91K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Abraxas Petroleum Common Stock

Direct

Shares owned1.62M

Total

1.62M direct1.62M

Security Title	Shares Owned	Ownership Type
Abraxas Petroleum Common Stock	1.62M	Direct
Total	1.62M	1.62M direct

Derivative Holdings (Post-Transaction)10

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

300K

Shares owned

300K

Exercise price

3.16

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

60K

Shares owned

60K

Exercise price

4.72

Expiration

—

Exercise window

—

Performance-based Restricted Stock Unit

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

52.51K

Shares owned

0.00

Exercise price

2.37

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

46K

Shares owned

46K

Exercise price

3.15

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

90K

Shares owned

90K

Exercise price

2.09

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

3.74

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

415K

Shares owned

415K

Exercise price

.97

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

41.62K

Shares owned

41.62K

Exercise price

3.60

Expiration

—

Exercise window

—

Performance-based Restricted Stock Unit

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

97.02K

Shares owned

97.02K

Exercise price

1.34

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Abraxas Petroleum Common Stock

Underlying shares

42K

Shares owned

42K

Exercise price

2.39

Expiration

—

Exercise window

—

Total

Underlying

1.16M

Owned

1.11M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option Direct	Abraxas Petroleum Common Stock	3.16	—	—	300K	300K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	4.72	—	—	60K	60K
Performance-based Restricted Stock Unit Direct	Abraxas Petroleum Common Stock	2.37	—	—	52.51K	0.00
Employee Stock Option Direct	Abraxas Petroleum Common Stock	3.15	—	—	46K	46K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	2.09	—	—	90K	90K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	3.74	—	—	20K	20K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	.97	—	—	415K	415K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	3.60	—	—	41.62K	41.62K
Performance-based Restricted Stock Unit Direct	Abraxas Petroleum Common Stock	1.34	—	—	97.02K	97.02K
Employee Stock Option Direct	Abraxas Petroleum Common Stock	2.39	—	—	42K	42K
Total					1.16M	1.11M