Richard C. Jenner - Mar 1, 2023 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC. (AE)

Role
Director
Signature
/s/ Richard C. Jenner
Stock symbol
AE
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 03:28 PM
Previous filing
Mar 2, 2022
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +500 +21.93% $0.00 2.78K Mar 1, 2023 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 -500 -100% $0.00* 0 Mar 1, 2023 Common stock 500 Direct F1
transaction AE Restricted stock units Award $0 +366 $0.00 366 Mar 1, 2023 Common stock 366 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 500 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2022 and vesting on March 1, 2023. 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 366 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2023. 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, 2024, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).