Blackstone Holdings III L.P. - 01 Sep 2023 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role: Former 10% Owner
Signature: Blackstone Holdings III L.P., By: Blackstone Holdings III GP L.P., its general partner, By: Blackstone Holdings III GP Management L.L.C., its general partner, By: /s/ Tabea Hsi, Name: Tabea Hsi, Title: Senior Managing Director
Issuer symbol: PTEN
Transactions as of: 01 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 12 Sep 2023, 16:30:20 UTC
Previous filing: 17 Aug 2023
Next filing: 13 Nov 2023
SEC: View on sec.gov

Blackstone Holdings III L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

As a result of an increase in the outstanding Common Stock in connection with the closing of the merger between the Issuer and NexTier Oilfield Solutions, Inc. as previously disclosed in the Current Report on Form 8-K filed by the Issuer with the SEC on September 1, 2023, the Reporting Persons' beneficial ownership decreased to less than 10% of the outstanding Common Stock and, accordingly, such Reporting Persons ceased being subject to Section 16. Due to the limitations of the electronic filing system, certain Reporting Persons are filing a separate Form 4.