James K. Brata - Jan 18, 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Signature
James K. Brata
Stock symbol
DWSN
Transactions as of
Jan 18, 2022
Transactions value $
-$145,670
Form type
4
Date filed
1/20/2022, 12:36 PM
Previous filing
Aug 17, 2021
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DWSN Dawson Geophysical Company-Common Stock $0.01 par value Disposed to Issuer -$146K -62.3K -71.35% $2.34 25K Jan 18, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger dated as of October 25, 2021, by and among Issuer, Wilks Brothers, LLC and its subsidiary, WB Acquisitions, Inc. ("Merger Sub"), Merger Sub launched a tender offer for all of the outstanding shares of common stock of Issuer at a price of $2.34 per share in cash. Mr. Brata tendered shares pursuant to the offer, and on January 18, 2022, Merger Sub consummated the offer and purchased all shares duly tendered.