Kenneth N. Berns - May 9, 2024 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role
Executive Vice President
Signature
By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Forrest Robinson
Stock symbol
PTEN
Transactions as of
May 9, 2024
Transactions value $
-$689,052
Form type
4
Date filed
5/13/2024, 04:09 PM
Previous filing
May 7, 2024

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 +122K +15.03% $0.00 932K May 9, 2024 Direct F1
transaction PTEN Common Stock, $.01 par value per share Tax liability -$689K -61.7K -6.62% $11.16 871K May 9, 2024 Direct F2
transaction PTEN Common Stock, $.01 par value per share Award $0 +76.8K +8.82% $0.00 947K May 9, 2024 Direct F3
holding PTEN Common Stock, $.01 par value per share 34K May 9, 2024 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 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.
F4 Held by trust(s) for which the reporting person is the trustee.