Mark Patterson - Sep 11, 2023 Form 4 Insider Report for Enservco Corp (ENSV)

Signature
/s/ Mark Patterson
Stock symbol
ENSV
Transactions as of
Sep 11, 2023
Transactions value $
$0
Form type
4
Date filed
9/13/2023, 05:50 PM
Previous filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ENSV Common Stock 345K Sep 11, 2023 Direct F1

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 ENSV Options Award $0 +250K $0.00 250K Sep 11, 2023 Common Stock 250K $0.41 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares issued to the reporting person pursuant to two restricted stock grants: (i) a grant in the amount of 300,000 shares where restrictions lapse as to 100,000 shares on each of July 1, 2022, January 1, 2023, and January 1, 2024; and (ii) a grant in the amount of 45,000 shares where restrictions lapse as to 15,000 shares on each of July 1, 2022, January 1, 2023 and January 1, 2024.
F2 Issued pursuant to a grant of 250,000 stock options under the Company's 2016 Stock Incentive Plan. Options are subject to time vesting and become exercisable as follows: 125,000 options vest on January 1, 2024 and 125,000 options vest on January 1, 2025.