Michael L. Klofas - Jan 18, 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Role: Director
Signature: Michael L Klofas
Stock symbol: DWSN
Transactions as of: Jan 18, 2022
Transactions value $: -$92,783
Form type: 4
Date filed: 1/20/2022, 12:47 PM
Previous filing: Oct 1, 2021

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	-$92.8K	-39.7K	-100%	$2.34	0	Jan 18, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael L. Klofas 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 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. Klofas tendered shares pursuant to the offer, and on January 18, 2022, Merger Sub consummated the offer and purchased all shares duly tendered.

Content

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. Klofas tendered shares pursuant to the offer, and on January 18, 2022, Merger Sub consummated the offer and purchased all shares duly tendered.