THRC Holdings, LP - Nov 10, 2023 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)

Role: 10%+ Owner
Signature: THRC Holdings, LP /s/ [Javier Rocha, Attorney-in-Fact]
Stock symbol: ACDC
Transactions as of: Nov 10, 2023
Transactions value $: $6,071,676
Form type: 4
Date filed: 11/13/2023, 10:27 AM
Previous filing: Oct 25, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACDC	Class A common stock, par value $0.01 per share	Purchase	$6.07M	+630K	+0.87%	$9.63	72.9M	Nov 10, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported amount of securities beneficially owned as reported in Column 5 does not include the 30,000 Series A Redeemable Convertible Preferred Stock as reported on 10/3/23.
F2	THRC Holdings, LP, a Texas limited partnership ("THRC Holdings"), directly holds the securities of the Issuer. THRC Management, LLC, a Texas limited liability company ("THRC Management"), as General Partner of THRC Holdings, has exclusive voting and investment control over the shares of the Issuer's Class A common stock held by THRC Holdings, and therefore may be deemed to beneficially own such shares. Dan Wilks, as sole manager of THRC Management, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC Holdings, and therefore may be deemed to beneficially own such shares. 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.

Content

The reported amount of securities beneficially owned as reported in Column 5 does not include the 30,000 Series A Redeemable Convertible Preferred Stock as reported on 10/3/23.

THRC Holdings, LP, a Texas limited partnership ("THRC Holdings"), directly holds the securities of the Issuer. THRC Management, LLC, a Texas limited liability company ("THRC Management"), as General Partner of THRC Holdings, has exclusive voting and investment control over the shares of the Issuer's Class A common stock held by THRC Holdings, and therefore may be deemed to beneficially own such shares. Dan Wilks, as sole manager of THRC Management, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC Holdings, and therefore may be deemed to beneficially own such shares. 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.