X0306 4 2015-05-05 0 0000867665 ABRAXAS PETROLEUM CORP AXAS 0001070032 POWELL PAUL A 18803 MEISNER DRIVE SAN ANTONIO TX 78258 1 0 0 0 Director Stock Option 3.66 2015-05-05 4 A 0 25000 3.66 A 2015-05-05 2025-05-05 Abraxas Petroleum Common Stock 25000 25000 D Director Stock Option 5.38 2014-05-06 2024-05-06 Abraxas Petroleum Common Stock 12000 12000 D Director Stock Option 2.39 2013-05-14 2023-05-14 Abraxas Petroleum Common Stock 12000 12000 D Director Stock Option 2.90 2012-05-04 2022-05-04 Abraxas Petroleum Common Stock 12000 12000 D Director Stock Option 4.13 2011-05-05 2021-05-05 Abraxas Petroleum Common Stock 10500 10500 D Director Stock Option 2.36 2010-05-19 2020-05-19 Abraxas Petroleum Common Stock 10000 10000 D Director Stock Option 1.06 2009-05-21 2019-05-21 Abraxas Petroleum Common Stock 10000 10000 D Director Stock Option 0.99 2009-03-17 2019-03-17 Abraxas Common Stock 50000 50000 D Director Stock Option 4.32 2007-06-26 2017-06-26 Abraxas Common Stock 10000 10000 D Director Stock Option 4.59 2005-09-13 2015-09-13 Abraxas Common Stock 45000 45000 D Director Stock Option 4.51 2006-05-25 2016-05-25 Abraxas Common Stock 10000 10000 D Director Stock Option 4.50 2008-05-21 2018-05-21 Abraxas Common Stock 10000 10000 D Director Stock Option 2.75 2005-06-01 2015-06-01 Abraxas Common Stock 10000 10000 D PAUL A POWELL, JR. 2015-05-06