Sharon C. Davis - May 23, 2022 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 23, 2022
Transactions value $
-$1,965
Form type
4
Date filed
5/24/2022, 05:19 PM
Previous filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +230 +10.06% $0.00 2.52K May 23, 2022 Direct
transaction AE Common stock Tax liability -$1.97K -57 -2.26% $34.48 2.46K May 23, 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 -230 -10.69% $0.00 1.92K May 23, 2022 Common stock 230 Direct F1, 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 688 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning May 22, 2020. 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.