X0306 4 2016-01-30 0 0000318996 KEY ENERGY SERVICES INC KEG 0001336748 Dodson J Marshall 1301 MCKINNEY STREET SUITE 1800 HOUSTON TX 77010 0 1 0 0 SVP, CFO and Treas Common Stock 2016-01-30 4 F 0 13512 0.32 D 1231290 D Common Stock 2016-01-30 4 F 0 23686 0.32 D 1207604 D Payment of tax liability by delivery of stock incident to the vesting on January 30, 2016 of 41,382 shares of restricted stock granted on January 30, 2014. Vesting price is based on the average of the closing price of common stock on the trading date immediately preceding the vesting date and the opening price of the stock on the first trading day following the vesting date, pursuant to the Key Energy Services, Inc. 2014 Equity and Cash Incentive Plan (the "2014 Plan"). Includes 1,065,849 unvested shares of restricted stock granted under the 2014 Plan. Payment of tax liability by delivery of stock incident to the vesting on January 30, 2016 of 72,545 shares of restricted stock granted on January 30, 2015. Includes 993,304 unvested shares of restricted stock granted under the 2014 Plan. By Katherine I. Hargis, Attorney-in-fact for Marshall J. Dodson 2016-02-02