Murray E. Brasseux - 01 Mar 2022 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC.

Role: Director
Signature: /s/ Murray E. Brasseux
Issuer symbol: N/A
Transactions as of: 01 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Mar 2022, 15:48:59 UTC
Previous filing: 09 Feb 2022
Next filing: 09 Feb 2023
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	+536	+20%	$0.000000	3,280	01 Mar 2022	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	-536	-100%	$0.000000^*	0	01 Mar 2022	Common stock	536		Direct	F1
transaction	AE	Restricted stock units	Award	$0	+500		$0.000000	500	01 Mar 2022	Common stock	500		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person previously received a grant of 536 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2021 and vesting on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F2	The reporting person received a grant of 500 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.
F3	The restricted stock units will vest (i.e., the restrictions will lapse) on March 1, 2023, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).