Wade M. Harrison - Mar 1, 2024 Form 4 Insider Report for ADAMS RESOURCES & ENERGY, INC. (AE)

Role
President, Service Transport
Signature
/s/ Wade M. Harrison
Stock symbol
AE
Transactions as of
Mar 1, 2024
Transactions value $
-$12,162
Form type
4
Date filed
3/4/2024, 06:04 PM
Previous filing
Dec 13, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AE Common stock Options Exercise $0 +286 +12.42% $0.00 2.59K Mar 1, 2024 Direct
transaction AE Common stock Options Exercise $0 +271 +10.47% $0.00 2.86K Mar 1, 2024 Direct
transaction AE Common stock Options Exercise $0 +262 +9.16% $0.00 3.12K Mar 1, 2024 Direct
transaction AE Common stock Options Exercise $0 +541 +17.33% $0.00 3.66K Mar 1, 2024 Direct
transaction AE Common stock Tax liability -$12.2K -405 -11.06% $30.03 3.26K 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 -286 -17.7% $0.00 1.33K Mar 1, 2024 Common stock 286 Direct F1, F2
transaction AE Restricted stock units Options Exercise $0 -271 -20.38% $0.00 1.06K Mar 1, 2024 Common stock 271 Direct F2, F3
transaction AE Restricted stock units Options Exercise $0 -262 -24.74% $0.00 797 Mar 1, 2024 Common stock 262 Direct F2, F4
transaction AE Performance share units Options Exercise $0 -541 -39.66% $0.00 823 Mar 1, 2024 Common stock 541 Direct F5
transaction AE Restricted stock units Award $0 +2.34K +294.1% $0.00 3.14K Mar 1, 2024 Common stock 2.34K Direct F2, F6, F7
transaction AE Performance share units Award $0 +2.34K +284.81% $0.00 3.17K Mar 1, 2024 Common stock 2.34K Direct F8, F9
* 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 857 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning on March 1, 2022. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F2 Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.
F3 The reporting person was previously granted 813 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2023. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F4 The reporting person was previously granted 788 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2024. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F5 The reporting person was previously granted performance share units of AE vesting on March 1, 2024.
F6 The reporting person received a grant of 2,344 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2024. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
F7 The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2025, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).
F8 The reporting person received a grant of 2,344 performance share units of Adams Resources & Energy, Inc. on March 1, 2024. The performance share units will vest on March 1, 2027, 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.
F9 Total includes 812 performance share units previously awarded on March 1, 2022, as reported. An additional 11 performance share units are the result of the achievement of applicable performance conditions during the 2022 period. 788 performance share units awarded on March 1, 2023 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.