Terry H. Hunt - 30 Dec 2021 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role: Director
Signature: By Barry Huntsman pursuant to a Limited Power of Attorney filed with the SEC on 01/02/2014. /s/Barry Huntsman
Issuer symbol: PTEN
Transactions as of: 30 Dec 2021
Net transactions value: -$65,025
Form type: 4
Filing time: 03 Jan 2022, 15:22:21 UTC
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTEN	Common Stock, $.01 par value per share	Sale	$65,025	-7,500	-7%	$8.67	100,145	30 Dec 2021	Direct	F1, F2
transaction	PTEN	Common Stock, $.01 par value per share	Award	$0	+20,710	+21%	$0.000000	120,855	01 Jan 2022	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold for the purpose of funding the reporting person's estimated cash tax liability in connection with the vesting of restricted stock units on January 1, 2022.
F2	Weighted average price. Actual sales prices ranged from $8.59 to $8.71.
F3	Restricted stock units that convert into common stock on a one-for-one basis. One hundred percent (100%) of the restricted stock units vests on January 1, 2023.