Kenneth M. Fisher - Jul 16, 2025 Form 4 Insider Report for ChampionX Corp (CHX)

Role
EVP & CFO
Signature
/s/ Julia Wright, as attorney-in-fact to Kenneth M. Fisher
Stock symbol
CHX
Transactions as of
Jul 16, 2025
Transactions value $
$0
Form type
4
Date filed
7/16/2025, 10:28 AM
Previous filing
Jul 1, 2025
Next filing
Aug 25, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Fisher Kenneth M. EVP & CFO C/O CHAMPIONX CORP, 2445 TECHNOLOGY, FOREST BLVD., BLDG. 4, 12TH FLOOR, THE WOODLANDS /s/ Julia Wright, as attorney-in-fact to Kenneth M. Fisher 2025-07-16 0001477029

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHX Common Stock Disposed to Issuer -242K -100% 0 Jul 16, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kenneth M. Fisher is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 2, 2024, by and among the Issuer, Schlumberger Limited ("SLB"), Sodium Holdco, Inc. and Sodium Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of SLB (the "Merger").
F2 Pursuant to the Merger Agreement, among other things, (i) each outstanding share of common stock of the Issuer ("Common Stock") prior to the effective time of the Merger (the "Effective Time") was cancelled and converted into the right to receive 0.735 shares of SLB common stock ("SLB Common Stock" and such ratio, the "Exchange Ratio") and if applicable, cash in lieu of fractional shares and (ii) each deferred stock unit of the Issuer outstanding immediately prior to the Effective Time (a "DSU") was cancelled and converted into the right to receive a number of shares of SLB Common Stock equal to the product of (A) the number of shares of Common Stock underlying the DSU multiplied by (B) the Exchange Ratio, rounded down to the nearest whole share.
F3 Pursuant to the Merger Agreement and Section 280G Mitigation Agreement dated December 23, 2024 between the Issuer and the Reporting Person, each outstanding restricted stock award of the Issuer was assumed and converted at the Effective Time into restricted shares of SLB Common Stock, as adjusted by the Exchange Ratio.