Christopher J. Baker - 28 Jul 2020 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role
Officer
Signature
/s/ Max L. Bouthillette, attorney-in-fact
Issuer symbol
KLXE
Transactions as of
28 Jul 2020
Net transactions value
-$115,725
Form type
4
Filing time
18 Apr 2022, 16:44:00 UTC
Next filing
26 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLXE Common stock Options Exercise +6,579 +3% 223,099 09 Feb 2021 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer $82,040 -6,579 -2.9% $12.47 216,520 09 Feb 2021 Direct F3
transaction KLXE Common stock Options Exercise +6,579 +3% 223,099 09 Feb 2022 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer $33,684 -6,579 -2.9% $5.12 216,520 09 Feb 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KLXE RSU (cash-settled) Award $0 +18,225 $0.000000 18,225 28 Jul 2020 Common stock 18,225 Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -6,579 -36% $0.000000 11,646 09 Feb 2021 Common stock 6,579 Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -6,579 -56% $0.000000 5,067 09 Feb 2022 Common stock 6,579 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU (cash-settled) represents the economic equivalent of one share of common stock, settleable solely in cash.
F2 The RSUs (cash-settled) vested or will vest on the following schedule: 6,579 units on 2/9/2021, 6,579 units on 2/9/22, and 5,067 units on 2/9/23.
F3 The Column 5 tally is based on the number of shares reported as beneficially owned in the reporting person's most recently filed Form 4.

Remarks:

President and Chief Executive Officer This Form 4 is being filed solely to report certain settled or outstanding legacy cash-settled RSUs that were converted in connection with the Company's 2020 acquisition of Quintana Energy Services, Inc.