David Nierenberg - 01 Jul 2023 Form 4 Insider Report for FLOTEK INDUSTRIES INC/CN/ (FTK)

Role
Director
Signature
/s/ J. Bond Clement, attorney-in-fact
Issuer symbol
FTK
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
4
Filing time
05 Jul 2023, 21:32:48 UTC
Previous filing
09 Jun 2023
Next filing
13 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTK Common Shares Award $0 +241,096 +135% $0.000000 419,564 01 Jul 2023 Direct F1
holding FTK Common Shares 247,660 01 Jul 2023 By Haredale Ltd.
holding FTK Common Shares 2,436,303 01 Jul 2023 By The D3 Family Fund, LP
holding FTK Common Shares 4,355,810 01 Jul 2023 By The D3 Family Bulldog Fund, LP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock grant awarded as part of Board compensation, and annual retainer and board fees, which Mr. Nierenberg elected to take in stock rather than cash. Shares vest at the earlier of one year from date of grant and the annual shareholders meeting, but in no event less than one year from date of grant.