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

Signature
/s/ John J. Mitchell, as attorney-in-fact for David Scott Schorlemer
Stock symbol
PUMP
Transactions as of
Feb 16, 2023
Transactions value $
-$94,288
Form type
4
Date filed
2/21/2023, 03:16 PM
Previous filing
Feb 3, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUMP Common Stock Options Exercise +16.1K +38.38% 58K Feb 16, 2023 Direct F1, F2
transaction PUMP Common Stock Tax liability -$44K -4.46K -7.7% $9.86 53.5K Feb 16, 2023 Direct F3
transaction PUMP Common Stock Options Exercise +13.6K +25.51% 67.1K Feb 17, 2023 Direct F1, F2
transaction PUMP Common Stock Tax liability -$50.3K -5.37K -8% $9.36 61.8K Feb 17, 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 -16.1K -11% $0.00 130K Feb 16, 2023 Common Stock 16.1K Direct F2, F4
transaction PUMP Restricted Stock Units Options Exercise $0 -13.6K -10.49% $0.00 116K Feb 17, 2023 Common Stock 13.6K 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.