AXAS Abraxas Petroleum Corporation (CE)

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 * Krog George William Jr	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 Chief Accounting Officer
(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 Common Stock								186314	D
Abraxas Petroleum Common Stock	2/7/2020		P(1)		35380	A	$0.28	73251	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
Performance-based Restricted Stock Unit	$2.19							4/2/2021	4/2/2021	Abraxas Petroleum Common Stock	23973		23973	D
Employee Stock Option	$0.97							3/15/2017	3/15/2026	Abraxas Petroleum Common Stock	123000		123000	D
Employee Stock Option	$3.16							3/3/2016	3/3/2025	Abraxas Petroleum Common Stock	100000		100000	D
Employee Stock Option	$3.15							3/11/2014	3/11/2024	Abraxas Petroleum Common Stock	21000		21000	D
Employee Stock Option	$2.39							3/11/2015	3/11/2024	Abraxas Petroleum Common Stock	20000		20000	D
Employee Stock Option	$6.05							3/24/2010	3/24/2016	Abraxas Petroleum Common Stock	5000		5000	D
Employee Stock Option	$3.60							8/28/2011	8/28/2017	Abraxas Petroleum Common Stock	8829		8829	D
Employee Stock Option	$4.72							3/12/2012	3/15/2021	Abraxas Petroleum Common Stock	10000		10000	D
Employee Stock Option	$2.09							3/16/2011	3/16/2020	Abraxas Petroleum Common Stock	12700		12700	D
Employee Stock Option	$3.74							3/8/2013	3/8/2022	Abraxas Petroleum Common Stock	9500		9500	D
Performance-based Restricted Stock Unit	$1.34							4/1/2023	4/1/2023	Abraxas Petroleum Common Stock	43097		43097	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
Krog George William Jr 18803 MEISNER DRIVE SAN ANTONIO, TX 78258			VP Chief Accounting Officer

Signatures
G. William Krog, Jr.		2/10/2020
**Signature of Reporting Person		Date