Max L. Bouthillette - 28 Jul 2020 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role
Officer
Signature
/s/ Max L. Bouthillette
Issuer symbol
KLXE
Transactions as of
28 Jul 2020
Net transactions value
-$62,708
Form type
4
Filing time
18 Apr 2022, 16:44:48 UTC
Next filing
30 Dec 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 +3,565 +5% 74,642 09 Feb 2021 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer $44,456 -3,565 -4.8% $12.47 71,077 09 Feb 2021 Direct F3
transaction KLXE Common stock Options Exercise +3,565 +5% 74,642 09 Feb 2022 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer $18,253 -3,565 -4.8% $5.12 71,077 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 +9,664 $0.000000 9,664 28 Jul 2020 Common stock 9,664 Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -3,565 -37% $0.000000 6,099 09 Feb 2021 Common stock 3,565 Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -3,565 -58% $0.000000 2,534 09 Feb 2022 Common stock 3,565 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: 3,565 units on 2/9/2021, 3,565 units on 2/9/22, and 2,534 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:

Executive Vice President, General Counsel and Chief Compliance 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.