Farris Wilks - 01 Nov 2022 Form 4/A - Amendment Insider Report for ProFrac Holding Corp. (ACDC)

Role
10%+ Owner
Signature
/s/ Robert J. Willette, Attorney-in-Fact
Issuer symbol
ACDC
Transactions as of
01 Nov 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
30 Jan 2023, 15:23:52 UTC
Date Of Original Report
03 Nov 2022
Previous filing
19 May 2022
Next filing
26 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACDC Class A common stock, par value $0.01 per share 10,733,115 01 Nov 2022 See Footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 10,733,115 shares of the Issuer's Class A common stock held directly by the Farris and Jo Ann Wilks 2022 Family Trust, a Texas irrevocable trust ("Farris Trust"). The number of shares owned by the Farris Trust is subject to change based on an appraisal. Farris C. Wilks serves as a trustee of the Farris Trust and, in such capacity has voting and dispository power over the shares of Class A common stock owned by such trust, and therefore may be deemed to beneficially own such shares. Jo Ann Wilks serves as a trustee of the Farris Trust and, in such capacity has dispository power over the shares of Class A common stock owned by such trust, and therefore may be deemed to beneficially own such shares.
F2 Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of such person's respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

Remarks:

The Reporting Person is amending the Form 4 filed on November 3, 2022 (the "Form 4") to correct the number of shares of the Issuer's Class A common stock reported as being indirectly owned by the Reporting Person through the Farris Trust to include 400 shares that were inadvertently omitted from the Form 4.