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

Signature
/s/ Mark Patterson
Issuer symbol
ENSV
Transactions as of
11 Sep 2023
Net transactions value
$0
Form type
4
Filing time
13 Sep 2023, 17:50:18 UTC
Previous filing
10 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ENSV Common Stock 345,000 11 Sep 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 +250,000 $0.000000 250,000 11 Sep 2023 Common Stock 250,000 $0.4100 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.