Charles Andrew Smith - 09 May 2024 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role: EVP & Chief Financial Officer
Signature: By Forrest Robinson pursuant to a limited power of attorney filed with the SEC on 09/08/2017 /s/ Forrest Robinson
Issuer symbol: PTEN
Transactions as of: 09 May 2024
Net transactions value: -$577,463
Form type: 4
Filing time: 13 May 2024, 16:07:14 UTC
Previous filing: 07 May 2024
Next filing: 01 May 2025
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	+122,181	+26%	$0.000000	586,896	09 May 2024	Direct	F1
transaction	PTEN	Common Stock, $.01 par value per share	Tax liability	$577,463	-51,744	-8.8%	$11.16	535,152	09 May 2024	Direct	F2
transaction	PTEN	Common Stock, $.01 par value per share	Award	$0	+92,200	+17%	$0.000000	627,352	09 May 2024	Direct	F3

* 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 2021 Performance Unit grant.
F2	Shares disposed to pay applicable withholding taxes on shares received from the 2021 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 9, 2025, May 9, 2026 and May 9, 2027.