SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Moore Brian K

(Last) (First) (Middle)
C/O SUPERIOR ENERGY SERVICES, INC.
601 POYDRAS STREET, SUITE 2400

(Street)
NEW ORLEANS LA 70130

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SUPERIOR ENERGY SERVICES INC [ SPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Executive Vice Pres.
3. Date of Earliest Transaction (Month/Day/Year)
02/07/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/07/2012 A 271,922(1)(2) A (1)(2) 271,922 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Stock Option (Right to Buy) $20.01 02/07/2012 A 19,918(3) (4) 04/20/2016 Common Stock 19,918 (3) 19,918 D
Stock Option (Right to Buy) $16.56 02/07/2012 A 20,998(3) (4) 01/31/2017 Common Stock 20,998 (3) 20,998 D
Stock Option (Right to Buy) $16.29 02/07/2012 A 31,437(3) (4) 03/20/2017 Common Stock 31,437 (3) 31,437 D
Stock Option (Right to Buy) $13.26 02/07/2012 A 56,156(3) (4) 01/31/2018 Common Stock 56,156 (3) 56,156 D
Stock Option (Right to Buy) $5.35 02/07/2012 A 166,548(3) (4) 01/30/2019 Common Stock 166,548 (3) 166,548 D
Stock Option (Right to Buy) $10.45 02/07/2012 A 88,073(3) (4) 01/29/2020 Common Stock 88,073 (3) 88,073 D
Stock Option (Right to Buy) $23.29 02/07/2012 A 44,276(3) (4) 01/31/2021 Common Stock 44,276 (3) 44,276 D
Stock Option (Right to Buy) $28.09 02/07/2012 A 40,077(3) 01/31/2013(5) 01/31/2022 Common Stock 40,077 (3) 40,077 D
Explanation of Responses:
1. Acquired pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between Complete Production Services, Inc. ("Complete"), the Issuer and an indirect wholly owned subsidiary of the Issuer in exchange for shares of Complete common stock. With the exception of 29,000 shares of Complete restricted stock granted to the Reporting Person on January 31, 2012, each share of Complete common stock held by the Reporting Person at the effective time of the merger was converted into 0.945 shares of Issuer common stock plus $7.00 in cash, without interest, plus cash in lieu of any fractional shares of Superior common stock.
2. Includes 34,798 shares of Issuer restricted stock which vest in three equal annual installments commencing on January 31, 2013, subject to continued service with the Issuer. Such shares of Issuer restricted stock were acquired in exchange for the 29,000 shares of Complete restricted stock based on the stock award exchange ratio of 1.199916 established in the Merger Agreement.
3. Acquired pursuant to the Merger Agreement in exchange for options to purchase shares of Complete common stock. Each option to purchase a share of Complete common stock was converted into an option to purchase 1.99916 shares of Issuer common stock, rounded down to the nearest share. The exercise price of the Issuer options is equal to the exercise price of the corresponding Complete options, divided by 1.199916, rounded up to the nearest whole cent.
4. Represents options that became fully vested and exercisable at the effective time of the merger.
5. The option vests in three equal annual installments, commencing on the date indicated.
/s/ William B. Masters on behalf of Brian K. Moore 02/08/2012
** Signature of Reporting Person Date
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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