Max L. Bouthillette - 09 Feb 2023 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role: Executive Vice President, General Counsel and Chief Compliance Officer
Signature: /s/ Max L. Bouthillette
Issuer symbol: KLXE
Transactions as of: 09 Feb 2023
Net transactions value: -$28,120
Form type: 4
Filing time: 10 Feb 2023, 20:00:17 UTC
Previous filing: 03 Feb 2023
Next filing: 03 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLXE	Common stock	Tax liability	$28,120	-2,365	-4.1%	$11.89	55,241	09 Feb 2023	Direct	F1

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	Restricted Stock Unit	Award	$0	+30,447		$0.000000	30,447	09 Feb 2023	Common Stock	30,447		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents securities withheld by the Company as payment of tax liability incident to the vesting of awards previously issued in accordance with Rule 16b-3. The shares withheld by the Company are kept in the Company's treasury account and there is no third-party trade associated with the withholding.
F2	Each RSU represents the economic equivalent of one share of common stock, settleable in cash or common stock.
F3	Grant of restricted stock units vesting in three annual equal installments on February 9th.

Remarks:

Executive Vice President, General Counsel and Chief Compliance Officer