Wade M. Harrison - 01 Mar 2023 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.

Role: President, Service Transport
Signature: /s/ Wade M. Harrison
Issuer symbol: N/A
Transactions as of: 01 Mar 2023
Net transactions value: -$27,167
Form type: 4
Filing time: 02 Mar 2023, 15:31:57 UTC
Previous filing: 24 May 2022
Next filing: 28 Mar 2023
SEC: View on sec.gov

Key filing fact

Wade M. Harrison filed Form 4 for ADAMS RESOURCES & ENERGY, INC. on 02 Mar 2023.

Key facts

This page summarizes Wade M. Harrison's Form 4 filing for ADAMS RESOURCES & ENERGY, INC..
11 reported transactions and 6 derivative rows are listed below.
Filing timestamp: 02 Mar 2023, 15:31.

Change

Previous filing in this sequence was filed on 24 May 2022.
Current net transaction value: -$27,167.

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.

See Original Filing

Reported transactions

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +264
Change %: +33%
Price: $0.000000
Shares after: 1,056
Date: 01 Mar 2023
Ownership: Direct

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +286
Change %: +27%
Price: $0.000000
Shares after: 1,342
Date: 01 Mar 2023
Ownership: Direct

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +271
Change %: +20%
Price: $0.000000
Shares after: 1,613
Date: 01 Mar 2023
Ownership: Direct

AE transaction

Common stock

Options Exercise

Transaction value: $0
Shares: +1,095
Change %: +68%
Price: $0.000000
Shares after: 2,708
Date: 01 Mar 2023
Ownership: Direct

AE transaction

Common stock

Tax liability

Transaction value: $27,167
Shares: -468
Change %: -17%
Price: $58.05
Shares after: 2,240
Date: 01 Mar 2023
Ownership: Direct

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

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value: $0
Shares: -264
Change %: -16%
Price: $0.000000
Shares after: 1,385
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 264
Exercise price
Footnotes: F1, F2

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value: $0
Shares: -286
Change %: -21%
Price: $0.000000
Shares after: 1,099
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 286
Exercise price
Footnotes: F2, F3

AE transaction Derivative

Restricted stock units

Options Exercise

Transaction value: $0
Shares: -271
Change %: -25%
Price: $0.000000
Shares after: 828
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 271
Exercise price
Footnotes: F2, F4

AE transaction Derivative

Performance share units

Options Exercise

Transaction value: $0
Shares: -1,095
Change %: -45%
Price: $0.000000
Shares after: 1,353
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 1,095
Exercise price
Footnotes: F5

AE transaction Derivative

Restricted stock units

Award

Transaction value: $0
Shares: +788
Change %: +95%
Price: $0.000000
Shares after: 1,616
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 788
Exercise price
Footnotes: F2, F6, F7

AE transaction Derivative

Performance share units

Award

Transaction value: $0
Shares: +788
Change %: +58%
Price: $0.000000
Shares after: 2,152
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common stock
Underlying amount: 788
Exercise price
Footnotes: F8, F9

An asterisk next to the price means the reported price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was previously granted 791 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 857 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 was previously granted 813 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2023. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F5	The reporting person was previously granted performance share units of AE vesting on March 1, 2023.
F6	The reporting person received a grant of 788 restricted stock units of AE on March 1, 2023. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F7	The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2024, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).
F8	The reporting person received a grant of 788 performance share units of Adams Resources & Energy, Inc. on March 1, 2023. The performance share units will vest on March 1, 2026, 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.
F9	Total includes 541 and 812 performance share units previously awarded on March 1, 2021 and March 1, 2022, respectively, as reported. An additional 11 performance share units are the result of the achievement of applicable performance conditions during the 2022 period.