SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MCSHANE MICHAEL

(Last) (First) (Middle)
11700 KATY FREEWAY, SUITE 300

(Street)
HOUSTON TX 77079

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Complete Production Services, Inc. [ CPX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2012 M 5,000 A $19.54 36,886 D
Common Stock 01/30/2012 M 5,000 A $26.26 41,886 D
Common Stock 01/30/2012 M 5,000 A $29.88 46,886 D
Common Stock 01/30/2012 M 5,000 A $6.41 51,886 D
Common Stock 01/30/2012 M 5,000 A $12.53 56,886 D
Common Stock 01/30/2012 F 14,380 D $32.9 42,506 D
Common Stock(1) 01/31/2012 A 5,045 A $0.00 47,551 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $19.54 01/30/2012 M 5,000 03/20/2008(2) 03/20/2018 Common Stock 5,000 $0.00 0 D
Stock Option (Right to Buy) $26.26 01/30/2012 M 5,000 05/24/2008(2) 05/24/2017 Common Stock 5,000 $0.00 0 D
Stock Option (Right to Buy) $29.88 01/30/2012 M 5,000 05/22/2009(2) 05/22/2018 Common Stock 5,000 $0.00 0 D
Stock Option (Right to Buy) $6.41 01/30/2012 M 5,000 01/30/2010(2) 01/30/2019 Common Stock 5,000 $0.00 0 D
Stock Option (Right to Buy) $12.53 01/30/2012 M 5,000 01/29/2011(3) 01/29/2020 Common Stock 5,000 $0.00 0 D
Explanation of Responses:
1. Represents shares of restricted stock, which vest in three equal annual installments commencing January 31, 2013, subject to continued service with the Company or its successor. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Superior Energy Services, Inc. ("Superior") and an indirect wholly owned subsidiary of Superior, the shares will be cancelled for no consideration upon (a) consummation of the merger and (b) the appointment by the board of directors of Superior (or a committee of such board) of the Reporting Person to such board and grant to the Reporting Person of an equity award upon such appointment consistent with Superior's policy of granting equity awards to its newly appointed directors.
2. The option vests in three equal annual installments beginning on the respective "Date Exercisable" reported in this line item.
3. The option became fully vested and exercisable on January 30, 2012 pursuant to the terms and conditions of the Merger Agreement.
Remarks:
/s/ James F. Maroney III, Attorney-in-Fact for Michael McShane 02/01/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.