Terence Bartlett Jupp - Jan 1, 2023 Form 4 Insider Report for DRIL-QUIP INC (DRQ)

Role
Director
Signature
/s/ James C. Webster Attorney-in-Fact
Stock symbol
DRQ
Transactions as of
Jan 1, 2023
Transactions value $
-$24,589
Form type
4
Date filed
1/4/2023, 04:03 PM
Previous filing
Nov 1, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Award $0 +1.04K +1.98% $0.00 53.2K Jan 1, 2023 Direct F1
transaction DRQ Common Stock Sale -$24.6K -936 -1.76% $26.27 52.3K Jan 4, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This restricted stock award was granted pursuant to the Company's 2017 Omnibus Incentive Plan and therefore has no purchase or sales price. This restricted stock award was received in lieu of all or a portion of the quarterly fees related to the reporting person's service on the Board of Directors and its committees.
F2 Sales to cover tax obligations of vested restricted stock awards pursuant to a Rule 10b5-1 plan adopted on June 21, 2022.
F3 The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.63 to $26.49 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.