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 * WENDEL STEPHEN T 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 - Contracts and Marketing
(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                 436267  D   
Abraxas Petroleum Common Stock  2/7/2020    P(1)    35380  A $0.28  166803  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  $2.37                  4/2/2021  4/2/2021  Abraxas Petroleum Common Stock  28539    28539  D   
Employee Stock Option  $.97                  3/15/2017  3/15/2026  Abraxas Petroleum Common Stock  177000    177000  D   
Employee Stock Option  $3.16                  3/3/2016  3/3/2025  Abraxas Petroleum Common Stock  150000    150000  D   
Employee Stock Option  $3.15                  3/11/2015  3/11/2024  Abraxas Petroleum Common Stock  24000    24000  D   
Employee Stock Option  $2.39                  5/14/2014  5/14/2023  Abraxas Petroleum Common Stock  22300    22300  D   
Employee Stock Option  $3.74                  3/8/2013  3/8/2022  Abraxas Petroleum Common Stock  10400    10400  D   
Employee Stock Option  $4.72                  3/15/2012  3/15/2021  Abraxas Petroleum Common Stock  30000    30000  D   
Employee Stock Option  $2.09                  3/16/2014  3/16/2020  Abraxas Petroleum Common Stock  60000    60000  D   
Employee Stock Option  $3.60                  8/28/2011  8/28/2017  Abraxas Petroleum Common Stock  15330    15330  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
WENDEL STEPHEN T
18803 MEISNER DRIVE
SAN ANTONIO, TX 78258


VP - Contracts and Marketing

Signatures
Stephen T. Wendel 2/10/2020
**Signature of Reporting Person Date
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