Kenneth N. Berns - May 2, 2022 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role: Executive Vice President
Signature: By Barry Huntsman pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Barry Huntsman
Stock symbol: PTEN
Transactions as of: May 2, 2022
Transactions value $: -$4,086,090
Form type: 4
Date filed: 5/4/2022, 04:22 PM
Previous filing: Apr 29, 2022
Next filing: May 27, 2022
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	-$2.42M	-150K	-14.13%	$16.10	912K	May 2, 2022	Direct	F1, F2
transaction	PTEN	Common Stock, $.01 par value per share	Sale	-$1.27M	-75K	-8.23%	$16.95	837K	May 3, 2022	Direct	F1, F3
transaction	PTEN	Common Stock, $.01 par value per share	Sale	-$197K	-12K	-17.14%	$16.43	58K	May 2, 2022	By Trust(s)	F1, F4
transaction	PTEN	Common Stock, $.01 par value per share	Sale	-$203K	-12K	-20.69%	$16.89	46K	May 3, 2022	By Trust(s)	F1, F4

Showing 1 to 4 of 4 entries

* 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 29, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.70 to $16.72, 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 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 $16.89 to $17.09, 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 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	Held by trust(s) for which the reporting person is the trustee.