KENNETH N. BERNS - 05 May 2023 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
Issuer symbol: PTEN
Transactions as of: 05 May 2023
Net transactions value: -$1,463,693
Form type: 4
Filing time: 09 May 2023, 17:15:02 UTC
Previous filing: 01 May 2023
Next filing: 30 Apr 2024
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	Award	$0	+277,200	+44%	$0.000000	910,248	05 May 2023	Direct	F1
transaction	PTEN	Common Stock, $.01 par value per share	Tax liability	$1,463,693	-137,436	-15%	$10.65	772,812	05 May 2023	Direct	F2
transaction	PTEN	Common Stock, $.01 par value per share	Award	$0	+80,500	+10%	$0.000000	853,312	05 May 2023	Direct	F3
holding	PTEN	Common Stock, $.01 par value per share						34,000	05 May 2023	By Trust(s)	F4

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

Explanation of Responses:

Id	Content
F1	Shares received in settlement of the 2020 Performance Unit grant.
F2	Shares disposed of to pay applicable withholding taxes on shares received from the 2020 Performance Unit grant.
F3	Restricted stock units that convert into common stock on a one-for-one basis. One-third of the restricted stock units vests on each of May 5, 2024, May 5, 2025 and May 5, 2026.
F4	Held by trust(s) for which the reporting person is the trustee.