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ProPetro Holding Corp. — Director's Dealing 2022
Apr 4, 2022
32729_dirs_2022-04-04_6b9f4bca-0ab0-43b4-ab46-78fb21b51f39.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ProPetro Holding Corp. (PUMP)
CIK: 0001680247
Period of Report: 2022-03-31
Reporting Person: GOBE PHILLIP A (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-31 | Common Stock | M | 198759 | — | Acquired | 362325 | Direct |
| 2022-03-31 | Common Stock | F | 78214 | $14.05 | Disposed | 284111 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-31 | Restricted Stock Units | $ | M | 198759 | Disposed | Common Stock (198759) | Direct |
Footnotes
F1: Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs"). All outstanding RSUs held by the reporting person vested on March 31, 2022 pursuant to the terms of the Resignation from Employment agreement by and between the reporting person and the Issuer (the "Resignation Agreement").
F2: Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F3: Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
F4: On March 31, 2022, the reporting person and the Issuer entered into the Resignation Agreement pursuant to which all outstanding RSUs held by the reporting person became vested as of such date.