Sharon C. Davis - May 10, 2021 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC. (AE)

Role
EVP, COO & CAO
Signature
/s/ Sharon C. Davis
Stock symbol
AE
Transactions as of
May 10, 2021
Transactions value $
-$3,770
Form type
4
Date filed
5/11/2021, 04:38 PM
Next filing
May 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +230 +18.98% $0.00 1.44K May 10, 2021 Direct
transaction AE Common stock Options Exercise $0 +327 +22.68% $0.00 1.77K May 10, 2021 Direct
transaction AE Common stock Tax liability -$3.77K -137 -7.74% $27.52 1.63K May 10, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AE Restricted stock units Options Exercise $0 -230 -9.97% $0.00 2.08K May 10, 2021 Common stock 230 Direct F1
transaction AE Performance share units Options Exercise $0 -327 -12.62% $0.00 2.27K May 10, 2021 Common stock 327 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was previously granted 689 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments on May 8, 2019, May 8, 2020 and May 8, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F2 The reporting person was previously granted performance share units of AE vesting on May 8, 2021.