Charles Andrew Smith - Apr 12, 2022 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role
EVP & Chief Financial Officer
Signature
By Barry Huntsman pursuant to a limited power of attorney filed with the SEC on 09/08/2017 /s/ Barry Huntsman
Stock symbol
PTEN
Transactions as of
Apr 12, 2022
Transactions value $
-$1,286,597
Form type
4
Date filed
4/14/2022, 07:44 PM
Previous filing
Apr 8, 2022
Next filing
Apr 26, 2022

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 -$629K -37.1K -11.44% $16.95 287K Apr 12, 2022 Direct F1, F2
transaction PTEN Common Stock, $.01 par value per share Sale -$353K -20.4K -7.08% $17.36 267K Apr 13, 2022 Direct F1, F3
transaction PTEN Common Stock, $.01 par value per share Sale -$304K -17.2K -6.45% $17.67 250K Apr 14, 2022 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 24, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $16.50 to $17.31, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $17.00 to $17.53, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $17.50 to $17.79, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.