David Scott Schorlemer - Oct 13, 2021 Form 4 Insider Report for ProPetro Holding Corp. (PUMP)

Signature
/s/ Newton W. Wilson III, as attorney-in-fact for David Scott Schorlemer
Stock symbol
PUMP
Transactions as of
Oct 13, 2021
Transactions value $
-$22,576
Form type
4
Date filed
10/14/2021, 04:48 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUMP Common Stock Options Exercise +9.07K 9.07K Oct 13, 2021 Direct F1, F2
transaction PUMP Common Stock Tax liability -$22.6K -2.21K -24.36% $10.22 6.86K Oct 13, 2021 Direct F3

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 PUMP Restricted Stock Units Options Exercise $0 -9.07K -13.31% $0.00 59.1K Oct 13, 2021 Common Stock 9.07K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F3 Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs
F4 On October 13, 2020, the reporting person was granted 27,210 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.