Sharon C. Davis - 01 Mar 2022 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.

Role: EVP, COO & CAO
Signature: /s/ Sharon C. Davis
Issuer symbol: N/A
Transactions as of: 01 Mar 2022
Net transactions value: -$4,993
Form type: 4
Filing time: 02 Mar 2022, 15:47:37 UTC
Previous filing: 25 May 2021
Next filing: 24 May 2022
SEC: View on sec.gov

Quoteable Key Fact

"Sharon C. Davis filed Form 4 for ADAMS RESOURCES & ENERGY, INC. on 02 Mar 2022."

Quick Takeaways

This page summarizes Sharon C. Davis's Form 4 filing for ADAMS RESOURCES & ENERGY, INC..
7 reported transactions and 4 derivative rows are listed below.
Filing timestamp: 02 Mar 2022, 15:47.

What Changed

Previous filing in this sequence was filed on 25 May 2021.
Current net transaction value: -$4,993.

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +302
Change %: +17%
Price: $0.000000
Shares after: 2,107
Date: 01 Mar 2022
Ownership: Direct

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +337
Change %: +16%
Price: $0.000000
Shares after: 2,444
Date: 01 Mar 2022
Ownership: Direct

AE transaction

Common stock

Tax liability

Transaction value: $4,993
Shares: -157
Change %: -6.4%
Price: $31.80
Shares after: 2,287
Date: 01 Mar 2022
Ownership: Direct

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

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value: $0
Shares: -302
Change %: -16%
Price: $0.000000
Shares after: 1,545
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common stock
Underlying amount: 302
Exercise price
Footnotes: F1, F2

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value: $0
Shares: -337
Change %: -22%
Price: $0.000000
Shares after: 1,208
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common stock
Underlying amount: 337
Exercise price
Footnotes: F2, F3

AE transaction Derivative

Restricted stock units

Award

Transaction value: $0
Shares: +944
Change %: +78%
Price: $0.000000
Shares after: 2,152
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common stock
Underlying amount: 944
Exercise price
Footnotes: F2, F4, F5

AE transaction Derivative

Performance share units

Award

Transaction value: $0
Shares: +944
Change %: +50%
Price: $0.000000
Shares after: 2,836
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common stock
Underlying amount: 944
Exercise price
Footnotes: F6, F7

* 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 907 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.
F2	Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.
F3	The reporting person was previously granted 1,012 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.
F4	The reporting person received a grant of 944 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.
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).
F6	The reporting person received a grant of 944 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.
F7	Total includes 906 performance share units previously awarded on March 9, 2020 that vest on March 1, 2023, as reported. An additional 348 performance share units are the result of the achievement of applicable performance conditions during the 2020 period. Total also includes 638 performance share units previously awarded on March 1, 2021 that vest on March 1, 2024, as reported. The remaining 373 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.