Sec Form 4 Filing - Crisp John E. @ Forbes Energy Services Ltd. - 2017-08-28

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Crisp John E. 2. Issuer Name and Ticker or Trading Symbol Forbes Energy Services Ltd. [ FLSS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President & CEO (Last) (First) (Middle) 3000 SOUTH BUSINESS HIGHWAY 281 3. Date of Earliest Transaction (MM/DD/YY) 08/28/2017 (Street) ALICE, TX78332 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.01 08/28/2017 M 36,288 ( 1 ) A $ 0 36,288 ( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 ( 2 ) 08/28/2017 A 181,440 ( 3 ) ( 3 ) Common Stock, par value $0.01 181,440 $ 0 181,440 D Restricted Stock Units ( 1 ) 08/28/2017 M 36,288 ( 1 ) ( 1 ) Common Stock, par value $0.01 36,288 $ 0 145,152 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Crisp John E. 3000 SOUTH BUSINESS HIGHWAY 281 ALICE, TX78332 X President & CEO Signatures /s/ L. Melvin Cooper, Power of Attorney for John E. Crisp 09/01/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents all of the restricted stock units that vested in accordance with the provisions in a grant made on August 28, 2017 that the Reporting Person had elected not to defer pursuant to the Reporting Person's settlement deferral election form filed with the Company. ( 2 )Each restricted stock unit represents a contingent right to receive one share of Company common stock, par value $0.01 per share. ( 3 )The restricted stock units vest as follows: twenty percent (20%) vested on August 28, 2017 and the remaining eighty percent (80%) vests in four equal installments on the first, second, third and fourth anniversaries of August 28, 2017. The restricted stock units, once vested, will generally be eligible to receive the applicable number of shares of Company common stock as specified by the Reporting Person in a settlement deferral election form filed with the Company.

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).

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