Christopher J. Baker - Feb 9, 2023 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Signature
/s/ Max L. Bouthillette, attorney-in-fact
Stock symbol
KLXE
Transactions as of
Feb 9, 2023
Transactions value $
-$49,213
Form type
4
Date filed
2/10/2023, 08:00 PM
Previous filing
Feb 3, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLXE Common stock Tax liability -$49.2K -4.14K -2.36% $11.89 171K Feb 9, 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 +84.6K $0.00 84.6K Feb 9, 2023 Common Stock 84.6K 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