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CPX Complete Production Services Complete Production Services Common Stock

36.10
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Complete Production Services Complete Production Services Common Stock NYSE:CPX NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 36.10 0.00 01:00:00

- Statement of Changes in Beneficial Ownership (4)

07/02/2012 11:37pm

Edgar (US Regulatory)


FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Moore Brian K
2. Issuer Name and Ticker or Trading Symbol

Complete Production Services, Inc. [ CPX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and COO
(Last)          (First)          (Middle)

11700 KATY FREEWAY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

2/7/2012
(Street)

HOUSTON, TX 77079
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/7/2012     D    279925   (1) (2) D   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Stock Option (Right to Buy)   $24   2/7/2012     D         16600   (3)     (4) 4/20/2016   Common Stock   16600     (3) 0   D    
Stock Option (Right to Buy)   $19.87   2/7/2012     D         17500   (3)     (4) 1/31/2017   Common Stock   17500     (3) 0   D    
Stock Option (Right to Buy)   $19.54   2/7/2012     D         26200   (3)     (4) 3/20/2017   Common Stock   26200     (3) 0   D    
Stock Option (Right to Buy)   $15.9   2/7/2012     D         46800   (3)     (4) 1/31/2018   Common Stock   46800     (3) 0   D    
Stock Option (Right to Buy)   $6.41   2/7/2012     D         138800   (3)     (4) 1/30/2019   Common Stock   138800     (3) 0   D    
Stock Option (Right to Buy)   $12.53   2/7/2012     D         73400   (3)     (4) 1/29/2020   Common Stock   73400     (3) 0   D    
Stock Option (Right to Buy)   $27.94   2/7/2012     D         36900   (3)     (4) 1/31/2021   Common Stock   36900     (3) 0   D    
Stock Option (Right to Buy)   $33.7   2/7/2012     D         33400   (3)     (5) 1/31/2022   Common Stock   33400     (3) 0   D    

Explanation of Responses:
( 1)  Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Superior Energy Services, Inc. ("Superior") and an indirect wholly owned subsidiary of Superior in exchange for shares of Superior common stock. With the exception of 29,000 shares of Issuer restricted stock granted to the Reporting Person on January 31, 2012, each share of Issuer common stock held by the Reporting Person as of the date of the merger was converted into 0.945 shares of Superior common stock, plus $7.00 in cash, without interest, plus cash in lieu of any fractional shares of Superior common stock.
( 2)  Includes 29,000 shares of Issuer restricted stock disposed of in exchange for 34,798 shares of Superior restricted stock, representing a stock award exchange ratio of 1.199916. The shares vest in three equal annual installments commencing on January 31, 2013, subject to continued service with Superior.
( 3)  Disposed of pursuant to the Merger Agreement in exchange for a number of options to purchase shares of Superior common stock equal to the number of Issuer options reflected in this line item, multiplied by the stock option exchange ratio of 1.199916, rounded down to the nearest share. The exercise price of the Superior options will be equal to the exercise price of the corresponding Issuer options, divided by 1.199916, rounded up to the nearest whole cent.
( 4)  All unvested options to purchase shares of Issuer common stock became fully vested and exercisable upon the merger.
( 5)  The options vest in three equal annual installments commencing January 31, 2013, subject to continued service with Superior.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Moore Brian K
11700 KATY FREEWAY, SUITE 300
HOUSTON, TX 77079


President and COO

Signatures
/s/ James F. Maroney III, Attorney-in-Fact for Brian K. Moore 2/7/2012
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year Complete Production Services Complete Production Services Common Stock Chart

1 Year Complete Production Services Complete Production Services Common Stock Chart

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1 Month Complete Production Services Complete Production Services Common Stock Chart