Sharon C. Davis - 10 May 2021 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.

Role
EVP, COO & CAO
Signature
/s/ Sharon C. Davis
Issuer symbol
N/A
Transactions as of
10 May 2021
Net transactions value
-$3,770
Form type
4
Filing time
11 May 2021, 16:38:09 UTC
Next filing
25 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +230 +19% $0.000000 1,442 10 May 2021 Direct
transaction AE Common stock Options Exercise $0 +327 +23% $0.000000 1,769 10 May 2021 Direct
transaction AE Common stock Tax liability $3,770 -137 -7.7% $27.52 1,632 10 May 2021 Direct

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 AE Restricted stock units Options Exercise $0 -230 -10% $0.000000 2,076 10 May 2021 Common stock 230 Direct F1
transaction AE Performance share units Options Exercise $0 -327 -13% $0.000000 2,265 10 May 2021 Common stock 327 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was previously granted 689 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments on May 8, 2019, May 8, 2020 and May 8, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F2 The reporting person was previously granted performance share units of AE vesting on May 8, 2021.