Charles S. Leykum - 01 Nov 2024 Form 4 Insider Report for Ranger Energy Services, Inc. (RNGR)

Role
10%+ Owner
Signature
/s/ Charles S. Leykum,
Issuer symbol
RNGR
Transactions as of
01 Nov 2024
Net transactions value
$0
Form type
4
Filing time
12 Nov 2024, 08:09:35 UTC
Previous filing
05 Aug 2024
Next filing
30 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNGR Class A Common Stock Award +6,262 +13% 54,641 01 Nov 2024 Direct F1
holding RNGR Class A Common Stock 3,525,000 01 Nov 2024 See Footnotes F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNGR Restricted Stock Unit Options Exercise $0 -6,262 -70% $0.000000 2,683 01 Nov 2024 Class A Common Stock 6,262 Direct F1, F3
transaction RNGR Restricted Stock Unit Options Exercise -2,683 -100% 0 01 Nov 2024 Class A Common Stock 2,683 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Leykum resigned from the board of directors (the "Board") of Ranger Energy Services, Inc. (the "Issuer") effective November 1, 2024. The Board determined to (i) accelerate the vesting of 6,262 restricted stock units granted to Mr. Leykum on July 25, 2024 and (ii) settle 2,683 restricted stock units granted to Mr. Leykum on July 25, 2024 in cash in connection with his resignation from the Board.
F2 2,055,830 shares are held by CSL Energy Opportunities Fund II, L.P. ("CSL OII") and 1,469,170 shares are held by CSL Energy Opportunities Offshore Fund II, L.P. ("Offshore Fund II). CSL Energy Opportunity GP II, LLC ("CSL GP II") is the general partner of each of CSL OII and Offshore Fund II. CSL Capital Management, L.P. ("CSL Capital Management") is the investment advisor to CSL GP II. CSL CM GP, LLC ("CSL CM GP") is the general partner of CSL Capital Management. Mr. Leykum is the managing member of CSL GP II and CSL CM GP. Mr. Leykum disclaims beneficial ownership of such reported securities in excess of his pecuniary interest therein.
F3 Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.