Wilks Brothers, LLC - Jun 9, 2023 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Role
10%+ Owner
Signature
/s/ [Javier Rocha, Attorney-in-Fact]
Stock symbol
DWSN
Transactions as of
Jun 9, 2023
Transactions value $
$18,759
Form type
4
Date filed
6/14/2023, 06:16 PM
Previous filing
Jun 16, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DWSN Class A common stock, par value $0.01 per share Purchase $9.04K +4.17K +0.02% $2.17 17.6M Jun 12, 2023 See Footnote F1, F2, F3
transaction DWSN Class A common stock, par value $0.01 per share Purchase $9.72K +4.44K +0.03% $2.19 17.7M Jun 13, 2023 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.06 to $2.39 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Consists of (i) 2,094,237 directly owned by Reporting Party, (ii) 15,547,010 shares of the Issuer's Common Stock directly owned by WB Acquisitions and (iii) 349 shares of the Issuer's Common Stock directly owned by Staci Wilks.
F3 Wilks Brothers, LLC ("Wilks Brothers") is a manager-managed limited liability company, managed by Dan H. Wilks and Farris Wilks. WB Acquisitions, Inc. ("WB Acquisitions") is a subsidiary of Wilks Brothers. Dan H. Wilks and Farris Wilks are brothers and may be deemed to indirectly beneficially own the shares of the Issuer's Common Stock directly owned by each of Wilks Brothers and WB Acquisitions. Dan H. Wilks and Staci Wilks are husband and wife and share the same household, and Dan H. Wilks may be deemed to indirectly beneficially own the shares of the Issuer's Common Stock directly owned by Staci Wilks. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its 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.