Jeffrey J. Bird - Oct 28, 2022 Form 4 Insider Report for DRIL-QUIP INC (DRQ)

Role
President & CEO, Director
Signature
/s/ James C. Webster Attorney-in-fact
Stock symbol
DRQ
Transactions as of
Oct 28, 2022
Transactions value $
-$330,861
Form type
4
Date filed
11/1/2022, 02:24 PM
Previous filing
Oct 4, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Award $0 +53.7K +55.64% $0.00 150K Oct 28, 2022 Direct
transaction DRQ Common Stock Sale -$55.8K -2.34K -1.56% $23.90 148K Oct 31, 2022 Direct F1, F2
transaction DRQ Common Stock Sale -$275K -11.2K -7.58% $24.53 137K Oct 31, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sales to cover tax obligations on vested restricted stock and performance unit awards pursuant to a Rule 10b5-1 sales plan adopted on June 8, 2022.
F2 The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.25 to $24.22 inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.26 to $24.83 inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.