Gary W. Rollins - May 31, 2022 Form 4 Insider Report for RPC INC (RES)

Role
Director, 10%+ Owner
Signature
/s/ R. Todd Rice as attorney-in-fact for Gary W. Rollins
Stock symbol
RES
Transactions as of
May 31, 2022
Transactions value $
-$11,945,350
Form type
4
Date filed
6/2/2022, 05:31 PM
Previous filing
May 31, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RES Common Stock, $.10 Par Value Sale -$7.17M -750K -11.05% $9.56 6.04M May 31, 2022 Held indirectly through RFT Investment Company, LLC F1, F2
transaction RES Common Stock, $.10 Par Value Sale -$4.77M -500K -8.28% $9.54 5.54M Jun 1, 2022 Held indirectly through RFT Investment Company, LLC F2, F3
holding RES Common Stock, $.10 Par Value 78.7M May 31, 2022 Held indirectly through LOR, Inc. F2
holding RES Common Stock, $.10 Par Value 15.7M May 31, 2022 Held indirectly through RCTLOR, LLC F2
holding RES Common Stock, $.10 Par Value 3.22M May 31, 2022 Held indirectly through The Gary W. Rollins Revocable Trust F2
holding RES Common Stock, $.10 Par Value 4.82M May 31, 2022 Held indirectly through WNEG Investments, L.P. F2
holding RES Common Stock, $.10 Par Value 102K May 31, 2022 Held indirectly through LOR Investment Company, LLC F2
holding RES Common Stock, $.10 Par Value 889K May 31, 2022 Held indirectly through RFA Management Company, LLC F2
holding RES Common Stock, $.10 Par Value 2.97K May 31, 2022 By Spouse F2
holding RES Common Stock, $.10 Par Value 5.2M May 31, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $9.07 to $10.05 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $9.335 to $9.81 inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.