Select Water Solutions, Inc. — Director's Dealing 2022

Dec 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Select Energy Services, Inc. (WTTR)
CIK: 0001693256
Period of Report: 2022-12-13

Reporting Person: SCF Partners, Inc. (10% Owner, Member of Group)
Reporting Person: SCF VI LP (Director, 10% Owner)
Reporting Person: SCF-VI, G.P., Limited Partnership (Director, 10% Owner)
Reporting Person: SCF-VII, L.P. (Director, 10% Owner)
Reporting Person: SCF-VII, G.P., Limited Partnership (Director, 10% Owner)
Reporting Person: SCF-VII(A), L.P. (10% Owner, Member of Group)
Reporting Person: SCF-VII(A), G.P., Limited Partnership (10% Owner, Member of Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-13	Class A Common Stock	J	1220257	$8.25	Disposed	5154217	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5713442	Indirect
Class A Common Stock	1043097	Indirect

Footnotes

F1: SCF Partners, Inc. (formerly named LE Simmons & Associates Inc), a Delaware corporation (SCFP), manages each of SCFVI, GP, Limited Partnership (SCFVIGP), SCFVII, GP Limited Partnership (SCFVIIGP) and SCF-VII(A), GP Limited Partnership (SCFVIIAGP), each of which are Delaware limited partnerships. Additionally, SCFVIGP is the sole general partner of SCF-VI, SCFVIIGP is the sole general partner of SCF-VII, and SCF-VIIAGP is the sole general partner of SCF-VIIA. Collectively, SCFP, SCFVIGP, SCFVIIGP, SCFVIIAGP, SCF-VI, SCF-VII and SCF-VIIA are the reporting entities. Based on the reporting person's affiliation with the reporting entities, SCFP may be deemed to beneficially own all of the shares of common stock of the registrant beneficially owned or deemed to be beneficially owned by the reporting entities.

F2: Represents a transfer of direct ownership to certain limited partners of SCF-VII, L.P. (SCF-VII). Pursuant to the terms of its limited partnership agreement, dated May 30, 2008, SCF-VII was scheduled to expire. In connection therewith, certain of SCF-VII's limited partners elected to receive a pro rata distribution of SCF-VII's shares of the registrant's common stock. The remaining shares held by SCF-VII are held for the benefit of its limited partners who chose to leave their shares invested with SCF-VII. Following the distribution reported in this Form 4, SCF-VI, SCF-VII, and SCFVIIA, in the aggregate own 11,910,756 shares of common stock.