Murray E. Brasseux - Mar 1, 2022 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC. (AE)

Role
Director
Signature
/s/ Murray E. Brasseux
Stock symbol
AE
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 03:48 PM
Previous filing
Feb 9, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +536 +19.53% $0.00 3.28K Mar 1, 2022 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 -536 -100% $0.00* 0 Mar 1, 2022 Common stock 536 Direct F1
transaction AE Restricted stock units Award $0 +500 $0.00 500 Mar 1, 2022 Common stock 500 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person previously received a grant of 536 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2021 and vesting on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F2 The reporting person received a grant of 500 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.
F3 The restricted stock units will vest (i.e., the restrictions will lapse) on March 1, 2023, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).