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Select Water Solutions, Inc. Director's Dealing 2017

Nov 3, 2017

32209_dirs_2017-11-03_cf628aa0-e88c-4db6-b423-9266d8114742.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Nightingale David (Exec. VP, Wellsite Services)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 33681 Direct
Class A Common Stock 52259 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (right to buy) $23.80 2022-05-01 Class A Common Stock (12602) Direct
Stock Options (right to buy) $27.71 2023-07-15 Class A Common Stock (9020) Direct
Stock Options (right to buy) $8.97 2025-12-14 Class A Common Stock (39028) Direct
Stock Options (right to buy) $8.66 2026-12-10 Class A Common Stock (85777) Direct

Footnotes

F1: Received in exchange for 44,017 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 on April 10, 2018.

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 1/3 on November 1, 2017, and become exercisable as to 1/3 on each of December 14, 2017 and December 14, 2018.

F5: 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.