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 *

Roycraft Kevin J.
2. Issuer Name and Ticker or Trading Symbol

ADAMS RESOURCES & ENERGY, INC. [ AE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO & President
(Last)          (First)          (Middle)

17 SOUTH BRIAR HOLLOW LANE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

3/1/2021
(Street)

HOUSTON, TX 77027
(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 3/1/2021  M  384 A$0 2694 D  
Common stock 3/1/2021  F  114 D$29.70 2580 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units  (1)3/1/2021  M     384   (1) (1)Common stock 384.0 $0 1490 (2)D  
Restricted stock units  (3)3/1/2021  A   1250     (4) (4)Common stock 1250.0 $0 2740 (2)D  
Performance share units  (5)3/1/2021  A   1250     (5) (5)Common stock 1250.0 $0 3159 (6)D  

Explanation of Responses:
(1) The reporting person was previously granted 1,154 restricted stock units of Adams Resources & Energy, Inc. (AE) vesting in three equal installments beginning March 1, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
(2) Total includes restricted stock units previously awarded that have different vesting and expiration dates, as reported.
(3) The reporting person received a grant of 1,250 restricted stock units of Adams Resources & Energy, Inc. (AE) on March 1, 2021. Each restricted stock unit represents a contingent right to receive one share of AE common stock upon vesting.
(4) The restricted stock units will vest (i.e., the restrictions will lapse) in three equal annual installments beginning on March 1, 2022, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in some circumstances).
(5) The reporting person received a grant of 1,250 performance share units of Adams Resources & Energy, Inc. on March 1, 2021. The performance share units will vest on March 1, 2024, provided the reporting person remains in continuing active service on the vesting date (subject to accelerated vesting in certain circumstances), and subject to the attainment of certain performance criteria as specified in the award agreement.
(6) Total includes 313 performance share units previously awarded on June 29, 2019 that vest on May 8, 2021, and 1,153 performance share units previously awarded on March 9, 2020 that vest on March 1, 2023, as reported. An additional 443 performance share units are the result of the achievement of applicable performance conditions during the 2020 period.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Roycraft Kevin J.
17 SOUTH BRIAR HOLLOW LANE
SUITE 100
HOUSTON, TX 77027


CEO & President

Signatures
/s/ Kevin J. Roycraft3/2/2021
**Signature of Reporting PersonDate

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