Kenneth N. Berns - May 25, 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 25, 2022
Transactions value $
-$2,973,930
Form type
4
Date filed
5/27/2022, 04:54 PM
Previous filing
May 4, 2022
Next filing
Apr 11, 2023

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 -$1.34M -75K -8.96% $17.89 762K May 25, 2022 Direct F1, F2
transaction PTEN Common Stock, $.01 par value per share Sale -$1.42M -75K -9.85% $18.90 687K May 26, 2022 Direct F1, F3
transaction PTEN Common Stock, $.01 par value per share Sale -$215K -12K -26.09% $17.89 34K May 25, 2022 By Trust(s) F1, F4, F5
* 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 $17.89 to $17.92, 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 $18.89 to $18.94, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $17.89 to $17.90, 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.
F5 Held by trust(s) for which the reporting person is the trustee.