Michelle A. Earley - Mar 1, 2024 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC. (AE)

Role
Director
Signature
/s/ Michelle A. Earley
Stock symbol
AE
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 05:56 PM
Previous filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +366 +16.05% $0.00 2.65K Mar 1, 2024 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 -366 -100% $0.00* 0 Mar 1, 2024 Common stock 366 Direct F1
transaction AE Restricted stock units Award $0 +817 $0.00 817 Mar 1, 2024 Common stock 817 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 366 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2023 and vesting on March 1, 2024. 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 817 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2024 and vesting on March 1, 2025. 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, 2025, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).