C. Ray Tobias - Aug 16, 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Role
EVP, Chief Operating Officer
Signature
C. Ray Tobias
Stock symbol
DWSN
Transactions as of
Aug 16, 2022
Transactions value $
-$43,750
Form type
4
Date filed
8/18/2022, 10:38 AM
Previous filing
Jan 20, 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 -$43.8K -25K -100% $1.75 0 Aug 16, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 25,000 restricted stock units, which may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Common Stock of the Issuer.
F2 Dawson Geophysical Company and the Reporting Person entered into a mutual agreement for the cash settlement of all vested cash-settled RSUs held by the Reporting Person as of the Transaction Date. Following the Transaction, the Reporting Person holds zero (0) shares of Dawson Geophysical Company Common Stock and zero (0) Dawson Geophysical Company restricted stock units.