Christopher J. Baker - 09 Feb 2023 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role
President and Chief Executive Officer
Signature
/s/ Max L. Bouthillette, attorney-in-fact
Issuer symbol
KLXE
Transactions as of
09 Feb 2023
Net transactions value
-$49,213
Form type
4
Filing time
10 Feb 2023, 20:00:25 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 $49,213 -4,139 -2.4% $11.89 171,041 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 +84,574 $0.000000 84,574 09 Feb 2023 Common Stock 84,574 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:

President and Chief Executive Officer