David Scott Schorlemer - 16 Feb 2023 Form 4 Insider Report for ProPetro Holding Corp. (PUMP)

Role: Chief Financial Officer
Signature: /s/ John J. Mitchell, as attorney-in-fact for David Scott Schorlemer
Issuer symbol: PUMP
Transactions as of: 16 Feb 2023
Net transactions value: -$94,288
Form type: 4
Filing time: 21 Feb 2023, 15:16:49 UTC
Previous filing: 03 Feb 2023
Next filing: 28 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PUMP	Common Stock	Options Exercise		+16,077	+38%		57,966	16 Feb 2023	Direct	F1, F2
transaction	PUMP	Common Stock	Tax liability	$44,015	-4,464	-7.7%	$9.86	53,502	16 Feb 2023	Direct	F3
transaction	PUMP	Common Stock	Options Exercise		+13,647	+26%		67,149	17 Feb 2023	Direct	F1, F2
transaction	PUMP	Common Stock	Tax liability	$50,273	-5,371	-8%	$9.36	61,778	17 Feb 2023	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	-16,077	-11%	$0.000000	130,056	16 Feb 2023	Common Stock	16,077		Direct	F2, F4
transaction	PUMP	Restricted Stock Units	Options Exercise	$0	-13,647	-10%	$0.000000	116,409	17 Feb 2023	Common Stock	13,647		Direct	F2, F5

* 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 February 16, 2022, the reporting person was granted 48,231 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F5	On February 17, 2021, the reporting person was granted 40,941 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.