David Nierenberg - Jul 1, 2023 Form 4 Insider Report for FLOTEK INDUSTRIES INC/CN/ (FTK)

Role
Director
Signature
/s/ J. Bond Clement, attorney-in-fact
Stock symbol
FTK
Transactions as of
Jul 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 09:32 PM
Previous filing
Jun 9, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTK Common Shares Award $0 +241K +135.09% $0.00 420K Jul 1, 2023 Direct F1
holding FTK Common Shares 248K Jul 1, 2023 By Haredale Ltd.
holding FTK Common Shares 2.44M Jul 1, 2023 By The D3 Family Fund, LP
holding FTK Common Shares 4.36M Jul 1, 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.