Matthew Wilks - Mar 31, 2023 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)

Role: Executive Chairman, Director
Signature: /s/ Robert J. Willette, Attorney-in-Fact
Stock symbol: ACDC
Transactions as of: Mar 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/7/2023, 03:05 PM
Previous filing: Mar 31, 2023
Next filing: May 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACDC	Class A common stock, par value $0.01 per share	Award	$0	+81.8K	+113.54%	$0.00	154K	Mar 31, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.01 per share. The award consists of three 1-year performance periods which will be established at the beginning of each period and will vest ratably over a three (3) year period, subject to the reporting person meeting certain objectives of the performance-based portion of the award.
F2	Total includes 64,076 restricted stock units previously granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan.

Content

Reflects restricted stock units granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.01 per share. The award consists of three 1-year performance periods which will be established at the beginning of each period and will vest ratably over a three (3) year period, subject to the reporting person meeting certain objectives of the performance-based portion of the award.

Total includes 64,076 restricted stock units previously granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan.