0001109189-20-000049.txt : 20200311 0001109189-20-000049.hdr.sgml : 20200311 20200311191554 ACCESSION NUMBER: 0001109189-20-000049 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200309 FILED AS OF DATE: 20200311 DATE AS OF CHANGE: 20200311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JACKSON JOHN EARL CENTRAL INDEX KEY: 0001236849 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32693 FILM NUMBER: 20706770 MAIL ADDRESS: STREET 1: 12001 NORTH HOUSTON ROSSLYN CITY: HOUSTON STATE: TX ZIP: 77086 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BASIC ENERGY SERVICES, INC. CENTRAL INDEX KEY: 0001109189 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 542091194 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 2100 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-334-4100 MAIL ADDRESS: STREET 1: 801 CHERRY STREET STREET 2: SUITE 2100 CITY: FORT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: BASIC ENERGY SERVICES INC DATE OF NAME CHANGE: 20000523 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA WELL SERVICE INC DATE OF NAME CHANGE: 20000313 4 1 wf-form4_158396853641844.xml FORM 4 X0306 4 2020-03-09 0 0001109189 BASIC ENERGY SERVICES, INC. BASX 0001236849 JACKSON JOHN EARL 801 CHERRY ST SUITE 2100 FORT WORTH TX 76102 1 0 0 0 Common Stock 2020-03-09 4 M 0 7700 0 A 43800 D Common Stock 2020-03-09 4 M 0 7700 0.13 D 36100 D Restricted Stock Units 2020-03-09 4 M 0 7700 0 D Common Stock 7700.0 0 D The Board of Directors of the issuer approved accelerated vesting of the Reporting Person's restricted stock units that were otherwise scheduled to vest on May 15, 2020. On March 9, 2020, the restricted stock units were settled in cash based on the closing price on March 9, 2020 of $0.13. Each time-based restricted stock unit granted under the Basic Energy Services, Inc. Non-Employee Director Incentive Plan is the economic equivalent of one share of the issuer's common stock and must be settled solely in cash, subject to a maximum settlement amount of $9.00 per such restricted stock unit. /s/ David S. Schorlemer, Attorney-in-Fact 2020-03-11