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PATTERSON UTI ENERGY INC — Director's Dealing 2020
Jan 3, 2020
31661_dirs_2020-01-03_e084b38e-5802-4cbf-afe2-c07d5e291ad1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PATTERSON UTI ENERGY INC (PTEN)
CIK: 0000889900
Period of Report: 2020-01-01
Reporting Person: BUCKNER CHARLES OLIVER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-01 | Common Stock, $.01 par value per share | A | 16666 | $0.00 | Acquired | 51799 | Direct |
| 2020-01-03 | Common Stock, $.01 par value per share | S | 5918 | $10.76 | Disposed | 45881 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.01 par value per share | 27000 | Indirect |
Footnotes
F1: Restricted stock units that convert into common stock on a one-for-one basis. One hundred percent (100%) of the restricted stock units vests on January 1, 2021.
F2: Shares sold pursuant to a Rule 10b5-1 Sales Plan whereby the reporting person committed to sell the shares on or about January 2, 2020 for the purpose of funding the reporting person's estimated cash tax liability in connection with the vesting of restricted stock units on January 1, 2020.
F3: Held by a limited partnership for which the reporting person is the sole member of the sole general partner.