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Select Water Solutions, Inc. Director's Dealing 2017

Nov 3, 2017

32209_dirs_2017-11-03_a9c6444f-16ad-40ad-9a76-d66b0aa1bc2e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Select Energy Services, Inc. (WTTR)
CIK: 0001693256
Period of Report: 2017-11-01

Reporting Person: Pistono Paul (Exec. VP - Oilfield Chemicals)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-01 Class A Common Stock A 18396 Acquired 18396 Direct
2017-11-01 Class A Common Stock A 7502 Acquired 25898 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-01 Stock Options (right to buy) $26.72 A 8977 Acquired 2022-09-04 Class A Common Stock (8977) Direct
2017-11-01 Stock Options (right to buy) $13.62 A 21443 Acquired 2025-08-17 Class A Common Stock (21443) Direct
2017-11-01 Stock Options (right to buy) $8.97 A 57184 Acquired 2025-12-14 Class A Common Stock (57184) Direct
2017-11-01 Stock Options (right to buy) $8.66 A 57184 Acquired 2026-12-10 Class A Common Stock (57184) Direct

Footnotes

F1: Received in exchange for 24,041 shares of Class A common stock, $0.01 par value per share, of Rockwater Energy Solutions, Inc. ("Rockwater") in connection with the acquisition of Rockwater by Select Energy Services, Inc.

F2: These shares of restricted stock, granted as substitute awards under the Select Energy Services, Inc. 2016 Equity Incentive Plan (the "Plan"), will vest 1/3 on each of March 31, 2018, March 31, 2019, and March 31, 2020.

F3: These options, granted as substitute awards under the Plan, are all exercisable.

F4: These options, granted as substitute awards under the Plan, became exercisable as to 1/2 on November 1, 2017, and become exercisable as to 1/4 on each of August 17, 2018 and August 17, 2019.

F5: These options, granted as substitute awards under the Plan, became exercisable as to 1/3 on November 1, 2017, and become exercisable as to 1/3 on each of December 14, 2017 and December 14, 2018.

F6: These options, granted as substitute awards under the Plan, will become exercisable as to 1/3 on each of December 10, 2017, December 10, 2018, and December 10, 2019.