Greg L. Mills - 01 Mar 2022 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 15:43:54 UTC
Next SEC filing
31 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Greg L. Mills

Key filing fact

Greg L. Mills filed Form 4 for ADAMS RESOURCES & ENERGY, INC. on 02 Mar 2022.

Key facts

  • This page summarizes Greg L. Mills's Form 4 filing for ADAMS RESOURCES & ENERGY, INC..
  • 7 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2022, 15:43.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$5,660.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AE transaction

Common stock

Options Exercise

Transaction value
$0
Shares
+372
Change %
+65%
Price
$0.000000
Shares after
944
Date
01 Mar 2022
Ownership
Direct
AE transaction

Common stock

Options Exercise

Transaction value
$0
Shares
+357
Change %
+38%
Price
$0.000000
Shares after
1,301
Date
01 Mar 2022
Ownership
Direct
AE transaction

Common stock

Tax liability

Transaction value
$5,660
Shares
-178
Change %
-14%
Price
$31.80
Shares after
1,123
Date
01 Mar 2022
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value
$0
Shares
-372
Change %
-20%
Price
$0.000000
Shares after
1,445
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common stock
Underlying amount
372
Exercise price
Footnotes
F1, F2
AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value
$0
Shares
-357
Change %
-25%
Price
$0.000000
Shares after
1,088
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common stock
Underlying amount
357
Exercise price
Footnotes
F2, F3
AE transaction Derivative

Restricted stock units

Award

Transaction value
$0
Shares
+1,202
Change %
+110%
Price
$0.000000
Shares after
2,290
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common stock
Underlying amount
1,202
Exercise price
Footnotes
F2, F4, F5
AE transaction Derivative

Performance share units

Award

Transaction value
$0
Shares
+1,201
Change %
+54%
Price
$0.000000
Shares after
3,424
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common stock
Underlying amount
1,201
Exercise price
Footnotes
F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The reporting person was previously granted 1,117 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.

Footnote F2

Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.

Footnote F3

The reporting person was previously granted 1,072 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.

Footnote F4

The reporting person received a grant of 1,202 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.

Footnote F5

The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2023, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).

Footnote F6

The reporting person received a grant of 1,201 performance share units of Adams Resources & Energy, Inc. on March 1, 2022. The performance share units will vest on March 1, 2025, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in certain circumstances), and subject to the attainment of certain performance criteria as specified in the award agreement.

Footnote F7

Total includes 1,117 performance share units previously awarded on March 30, 2020 that vest on March 1, 2023, as reported. An additional 430 performance share units are the result of the achievement of applicable performance conditions during the 2020 period. Total also includes 676 performance share units previously awarded on March 1, 2021 that vest on March 1, 2024, as reported. The remaining 395 performance share units awarded on March 1, 2021 will not vest on the basis of the applicable performance conditions set for the in the award agreement and are no longer held by the reporting person.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .