Key Energy Services director just picked up 20,833 shares

Sherman Iii Edmiston, a director of Key Energy Services, recently acquired 20,833 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on February 04, 2019. Edmiston now owns 35,343 shares of the company. Edmiston operates out of Houston, TX. Some additional info was provided as follows:

Award of restricted stock units ("RSUs") granted under the Key Energy Services, Inc.'s 2016 Equity and Cash Incentive Plan as annual compensation to independent non-employee members of the board of directors. Each RSU is equal to one share of Common Stock and is payable in stock only. The award will vest in four equal parts quarterly by year end 2019. The original Form 4, filed on February 5, 2019, is being amended by this Form 4 amendment solely to correct an administrative error, which failed to include that the reporting person has deferred settlement of the RSUs upon the earlier to occur of: a) December 31, 2021; b) the sixty (60) day period immediately following the termination of service with the Company; or c) the sixty (60) day period immediately following the consummation of a "Change of Control" of the Company.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Entry into a Material Definitive - May 22, 2020
Key Energy Services Just Filed Its Quarterly Report: EARNINGS (LOSS) PER ... - May 15, 2020
Key Energy Services, Inc - May 14, 2020

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