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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Johnson Kenneth Wayne 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)
Vice President - Operations
(Last)         (First)         (Middle)
18803 MEISNER DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)
2/7/2020
(Street)
SAN ANTONIO, TX 78258
(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
Abraxas Petroleum Corp Common Stock                 379605  D   
Abraxas Petroleum Common Stock  2/7/2020    P(1)    35380  A $0.28  75306  I  401-K 

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
Employee Stock Option  $2.09                  3/16/2011  3/16/2020  Abraxas Petroleum Corp Common Stock  33000    33000  D   
Employee Stock Option  $4.72                  3/15/2012  3/15/2021  Abraxas Petroleum Corp Common Stock  15000    15000  D   
Employee Stock Option  $3.55                  8/9/2012  8/9/2021  Abraxas Petroleum Corp Common Stock  25000    25000  D   
Employee Stock Option  $3.74                  3/8/2013  3/8/2022  Abraxas Petroleum Corp Common Stock  9500    9500  D   
Employee Stock Option  $2.39                  5/14/2014  5/14/2023  Abraxas Petroleum Corp Common Stock  21500    21500  D   
Employee Stock Option  $3.15                  3/11/2015  3/11/2024  Abraxas Petroleum Corp Common Stock  23000    23000  D   
Employee Stock Option  $.97                  3/15/2017  3/15/2026  Abraxas Petroleum Corp Common Stock  77000    77000  D   
Performance based restricted stock  $2.37                  4/1/2021  4/1/2021  Abraxas Petroleum Corp Common Stock  27306    27306  D   
Performance-based Restricted Stock Unit  $1.34                  4/1/2023  4/1/2023  Abraxas Petroleum Common Stock  51306    51306  D   

Explanation of Responses:
(1)  Employer Safe Harbor match to 401-K for the year ended December 31, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Johnson Kenneth Wayne
18803 MEISNER DRIVE
SAN ANTONIO, TX 78258


Vice President - Operations

Signatures
Kenneth W. Johnson 2/10/2020
**Signature of Reporting Person Date
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