Stuart D. Porter - Sep 11, 2023 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role
10%+ Owner
Signature
/s/ Stuart D. Porter
Stock symbol
KLXE
Transactions as of
Sep 11, 2023
Transactions value $
$0
Form type
4
Date filed
9/13/2023, 04:17 PM
Previous filing
Jul 7, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLXE Common Stock Other -171K -17.58% 801K Sep 11, 2023 See footnotes F1, F2, F4, F5
holding KLXE Common Stock 1.26M Sep 11, 2023 See footnotes F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 11, 2023, Greene's Holding Corporation ("GHC") made an in-kind distribution of an aggregate 800,949 shares, including 630,065 shares that were distributed to Greene's Investment Holdings LLC ("GIH"), which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-13 thereunder.
F2 These shares are held directly by GHC.
F3 These shares are held directly by GIH.
F4 GIH is the majority owner of GHC. Denham IV Continuation Fund LP ("Denham IV Fund") is the sole owner of GIH. Denham IV Continuation Fund GP LP ("Denham IV Fund GP") is the general partner of Denham IV Fund. Denham IV Continuation GP LLC ("Denham IV GP") is the general partner of Denham IV Fund GP. Denham Capital Management LP ("DCM") serves as investment adviser to Denham IV Fund. Denham Capital Management GP LLC ("DCM GP") is the general partner of DCM. Stuart D. Porter is the sole owner of DCM GP and the controlling member of Denham IV GP, and serves as Chief Executive Officer and Chief Investment Officer of DCM.
F5 GIH, Denham IV Fund, Denham IV Fund GP, Denham IV GP, DCM, DCM GP and Mr. Porter are, collectively, the "Reporting Persons." Because of the relationship among GHC and the Reporting Persons, each of the Reporting Persons may be deemed to be the beneficial owner of shares held directly by GHC. Because of the relationship among each of the Reporting Persons, each of the Reporting Persons may be deemed to be the beneficial owner of the shares held directly by GIH. Each of the Reporting Persons disclaims beneficial ownership of these securities in excess of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Exchange Act, or for any other purpose.