Sec Form 4 Filing - Schwartz Dirk A @ ABRAXAS PETROLEUM CORP - 2020-02-07

Insider filing report for Changes in Beneficial Ownership
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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
Schwartz Dirk A
2. Issuer Name and Ticker or Trading Symbol
ABRAXAS PETROLEUM CORP [ AXAS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP - Business Development
(Last) (First) (Middle)
18803 MEISNER DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
02/07/2020
(Street)
SAN ANTONIO, TX78258
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
Abraxas Petroleum Corp Common Stock 119,311 D
Abraxas Petroleum Corp Common Stock 02/07/2020 P( 1 ) 35,380 A $ 0.28 60,107 I 401-K
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
Performance-based Restricted Stock Unit $ 2.37 04/02/2021 04/02/2021 Abraxas Petroleum Common Stock 27,397 27,397 D
Employee Stock Option $ 3.15 03/11/2018 03/11/2024 Abraxas Petroleum Corp Common Stock 17,000 17,000 D
Employee Stock Option $ 0.97 03/15/2020 03/15/2026 Abraxas Petroleum Corp Common Stock 24,000 24,000 D
Employee Stock Option $ 3.67 12/02/2017 12/02/2023 Abraxas Petroleum Corp Common Stock 20,000 20,000 D
Employee Stock Option $ 1.67 08/08/2018 08/08/2027 Abraxas Petroleum Common Stock 100,000 100,000 D
Performance-based Restricted Stock Unit $ 1.34 04/01/2023 04/01/2023 Abraxas Petroleum Common Stock 46,642 46,642 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schwartz Dirk A
18803 MEISNER DRIVE
SAN ANTONIO, TX78258
VP - Business Development
Signatures
Dirk A. Schwartz 02/10/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Employer Safe Harbor match to 401-K for the year ended December 31, 2019.

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