Key facts
- This page summarizes Christopher A. Wright's Form 4 filing for Liberty Oilfield Services Inc. (LBRT).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 28 Oct 2021, 20:27.
Christopher A. Wright - 26 Oct 2021 Form 4 Insider Report for Liberty Oilfield Services Inc. (LBRT)
- Reporting relationship
- Chairman of the Board & CEO, Director
- Issuer ticker
- LBRT
- Reported as of
- 26 Oct 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 28 Oct 2021, 20:27:34 UTC
- Prior SEC filing
- 20 Oct 2021
- Next SEC filing
- 08 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ R. Sean Elliott, attorney-in-fact for Christopher A. Wright
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Christopher A. Wright filed Form 4 for Liberty Oilfield Services Inc. (LBRT) on 28 Oct 2021.
Change
- Previous filing in this sequence was filed on 20 Oct 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LBRT
transaction
Class B Common Stock
Award
- Transaction value
- Shares
- +59,720
- Change %
- Price
- Shares after
- 59,720
- Date
- 26 Oct 2021
- Ownership
- Direct
- Footnotes
- F1
LBRT
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,367,552
- Date
- 26 Oct 2021
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LBRT
transaction
Derivative
Units
Award
- Transaction value
- Shares
- +59,720
- Change %
- Price
- Shares after
- 59,720
- Date
- 26 Oct 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 59,720
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Such reporting person acquired these securities in connection with the terms of that certain unit purchase agreement, dated October 26, 2021, by and among Liberty Oilfield Services LLC, an indirect subsidiary of the Liberty Oilfield Services Inc. (the "Issuer"), the equity holders of PropX Express Investments, LLC, and each of (i) Hi-Crush PODS LLC and (ii) Big Box Proppant Investments LLC, acting jointly, in their capacity as the sellers representative thereunder.
Footnote F2
"Units" means ownership interests in Liberty Oilfield Services New HoldCo LLC ("Liberty LLC"). The Issuer is sole managing member of Liberty LLC
Footnote F3
The limited liability company agreement of Liberty LLC provides certain holders of Units with certain rights to cause Liberty LLC to acquire all or a portion of the Units (the "Redemption Right") for, at Liberty LLC's election, (a) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (b) an equivalent amount of cash based on the 30-day volume weighted average price of Class A Common Stock ending on the trading day that is immediately prior to the date that the Redemption Right is exercised. The Units and the right to exercise the Redemption Right have no expiration date.