Angie Sedita - Sep 6, 2024 Form 4 Insider Report for Innovex International, Inc. (INVX)

Role
Director
Signature
/s/ Matt Steinheider, as Attorney-in-Fact for Angie Sedita
Stock symbol
INVX
Transactions as of
Sep 6, 2024
Transactions value $
$0
Form type
4
Date filed
9/10/2024, 08:49 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INVX Common Stock Award +46 46 Sep 6, 2024 Direct F1
transaction INVX Common Stock Award +28 +60.87% 74 Sep 6, 2024 Direct F2
transaction INVX Common Stock Award +12.6K +16769.33% 12.7K Sep 6, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired in exchange for the options of Innovex Downhole Solutions, Inc. ("Innovex Downhole") owned by the filing person. These options of Innovex Downhole were cancelled and converted into shares of common stock of Innovex International, Inc. (the "Issuer") in connection with the closing of the mergers of Dril-Quip, Inc. and Innovex Downhole pursuant to that certain Agreement and Plan of Merger dated March 18, 2024, by and among Dril-Quip, Inc., Ironman Merger Sub, Inc., DQ Merger Sub, LLC, and Innovex Downhole Solutions Inc. (the "Merger Agreement").
F2 Acquired in exchange for the restricted stock units of Innovex Downhole owned by filing person. These restricted stock units of Innovex Downhole were non-continuing restricted stock units of Innovex Downhole and were cancelled and converted into shares of common stock of the Issuer in connection with the closing of the mergers of Dril-Quip, Inc. and Innovex Downhole pursuant to the Merger Agreement.
F3 Acquired in exchange for the restricted stock units of Innovex Downhole owned by filing person. These restricted stock units of Innovex Downhole were cancelled and converted into restricted stock units of the Issuer in connection with the closing of the mergers of Dril-Quip, Inc. and Innovex Downhole pursuant to the Merger Agreement.