CJ 2018 Proxy Statement
EXECUTIVE COMPENSATION TABLES Outstanding Equity Awards at 2017 Fiscal Year-End The following table provides information on the equity awards held by the Named Executive Officers as of December 31, 2017. This table includes unexercised options that were vested as of December 31, 2017, as well as unvested options, restricted shares and performance shares. The vesting dates for each equity award are shown in the accompanying footnotes. Option Awards Share Awards Name Number of Securities Underlying Unexercised Options (#) Exercisable Number of Securities Underlying Unexercised Options (#) Unexercisable Option Exercise Price ($) Option Expiration Date Number of Shares That Have Not Vested (#) Market Value of Shares That Have Not Vested ($)(5) Equity Incentive Plan Awards: Number of Unearned Shares That Have Not Vested (#)(6) Equity Incentive Plan Awards: Market Value of Unearned Shares That Have Not Vested ($)(5) Donald Gawick 34,218(1) 66,424(1) 42.65 02/05/2027 — 35,314(2) 30.83 12/13/2027 95,968(3) 3,212,049 34,058 1,139,921 81,739(4) 2,735,804 E. Michael Hobbs 13,966(1) 27,112(1) 42.65 02/05/2027 — 13,033(2) 30.83 12/13/2027 39,170(3) 1,311,020 12,569 420,684 30,165(4) 1,009,623 Mark Cashiola 9,497(1) 18,436(1) 42.65 02/05/2027 — 8,041(2) 30.83 12/13/2027 26,636(3) 891,507 7,755 259,560 18,611(4) 622,910 Danielle Hunter 8,938(1) 17,352(1) 42.65 02/05/2027 — 7,987(2) 30.83 12/13/2027 25,070(3) 839,093 7,703 257,819 18,488(4) 618,793 Patrick Bixenman 8,094(1) 15,713(1) 42.65 02/05/2027 — 7,567(2) 30.83 12/13/2027 22,701(3) 759,802 7,298 244,264 17,515(4) 586,227 (1) As part of the Emergence Grants, each of these options was granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan and are subject to a time-based vesting schedule such that: (i) 34% of the options vested and became exercisable immediately on February 5, 2017, (ii) 22% of the options vested and became exercisable on February 5, 2018, (iii) 22% of the options vest and become exercisable on February 5, 2019 and (iv) 22% of the options vest and become exercisable on February 5, 2020. (2) As part of the annual long-term incentive equity award, each of these options was granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan and are subject to a time-based vesting schedule such that: (i) 34% of the options vest and become exercisable on December 13, 2018, (ii) 33% of the options vest and become exercisable on December 13, 2019, and (iii) 33% of the options vest and become exercisable on December 13, 2020. (3) As part of the Emergence Grants, each of these restricted share awards was granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan and are subject to a time-based vesting schedule such that: (i) 34% of the restricted shares vested and became exercisable immediately on February 5, 2017 (thus are not reflected within the table above), (ii) 22% of the restricted shares vested and became exercisable on February 5, 2018, (iii) 22% of the restricted shares vest and become exercisable on February 5, 2019 and (iv) 22% of the restricted shares vest and become exercisable on February 5, 2020. (4) As part of the annual long-term incentive equity award, each of these restricted shares was granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan and subject to a time-based vesting schedule such that: (i) 34% of the restricted shares vest and become exercisable on December 13, 2018, (ii) 33% of the restricted shares vest and become exercisable on December 13, 2019, and (iii) 33% of the restricted shares vest and become exercisable on December 13, 2020. (5) The market value of the restricted share awards and performance share awards was calculated by multiplying the applicable number of underlying securities outstanding as of December 31, 2017 by $33.47, which was the market value of C&J’s common stock on December 29, 2017 (the last trading day of the year). (6) As part of the annual long-term incentive equity award, each of these performance shares was granted under the C&J Energy Services, Inc. 2017 Management Incentive Plan on December 13, 2017 and is scheduled to vest on the third anniversary of the grant date, subject to the grantee’s 48 C&J ENERGY SERVICES, INC. 2018 PROXY STATEMENT
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