Statement of Changes in Beneficial Ownership (4)
02 Mars 2022 - 10:49PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Harrison Wade M |
2. Issuer Name and Ticker or Trading Symbol
ADAMS RESOURCES & ENERGY, INC.
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AE
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Service Transport |
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(Last)
(First)
(Middle)
17 SOUTH BRIAR HOLLOW LANE, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/1/2022 |
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(Street)
HOUSTON, TX 77027
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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| Common stock | 3/1/2022 | | M | | 264 | A | $0 | 576 | D | |
| Common stock | 3/1/2022 | | M | | 285 | A | $0 | 861 | D | |
| Common stock | 3/1/2022 | | F | | 135 | D | $31.80 | 726 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Restricted stock units | (1) | 3/1/2022 | | M | | | 264 | (1) | (1) | Common stock | 264.0 | $0 | 1209 (2) | D | |
| Restricted stock units | (3) | 3/1/2022 | | M | | | 285 | (3) | (3) | Common stock | 285.0 | $0 | 924 (2) | D | |
| Restricted stock units | (4) | 3/1/2022 | | A | | 813 | | (5) | (5) | Common stock | 813.0 | $0 | 1737 (2) | D | |
| Performance share units | (6) | 3/1/2022 | | A | | 812 | | (6) | (6) | Common stock | 812.0 | $0 | 2448 (7) | D | |
| Explanation of Responses: |
| (1) | 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. |
| (2) | Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported. |
| (3) | 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. |
| (4) | The reporting person received a grant of 813 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting. |
| (5) | The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2023, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances). |
| (6) | The reporting person received a grant of 812 performance share units of Adams Resources & Energy, Inc. on March 1, 2022. The performance share units will vest on March 1, 2025, 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. |
| (7) | Total includes 791 performance share units previously awarded on March 9, 2020 that vest on March 1, 2023, as reported. An additional 304 performance share units are the result of the achievement of applicable performance conditions during the 2020 period. Total also includes 541 performance share units previously awarded on March 1, 2021 that vest on March 1, 2024, as reported. The remaining 316 performance share units awarded on March 1, 2021 will not vest on the basis of the applicable performance conditions set for the in the award agreement and are no longer held by the reporting person. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Harrison Wade M
17 SOUTH BRIAR HOLLOW LANE
SUITE 100
HOUSTON, TX 77027 |
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| President, Service Transport |
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Signatures
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| /s/ Wade M. Harrison | | 3/2/2022 |
| **Signature of Reporting Person | Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Adams Resources and Energy (AMEX:AE)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Adams Resources and Energy (AMEX:AE)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024
