THRC Holdings, LP - 14 May 2025 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)

Role
10%+ Owner
Signature
/s/ THRC Management LLC by Robert B. Early, Attorney-in-Fact
Issuer symbol
ACDC
Transactions as of
14 May 2025
Net transactions value
+$3,819,454
Form type
4
Filing time
16 May 2025, 17:45:05 UTC
Previous filing
14 May 2025
Next filing
18 Aug 2025

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
THRC Holdings, LP 10%+ Owner 17018 INTERSTATE 20, CISCO /s/ THRC Management LLC by Robert B. Early, Attorney-in-Fact 16 May 2025 0001754159
Wilks Dan H. 10%+ Owner 17018 INTERSTATE 20, CISCO /s/ Dan Wilks by Robert B. Early, Attorney-in-Fact 16 May 2025 0001641792
THRC Management, LLC 10%+ Owner 17018 IH 20, CISCO /s/ THRC Holdings LP by Robert B. Early, Attorney-in-Fact 16 May 2025 0001834450

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 Purchase $144,322 +23,584 +0.03% $6.12 79,258,442 14 May 2025 Direct F1
transaction ACDC Class A common stock, par value $0.01 per share Purchase $2,380,777 +390,253 +0.49% $6.10 79,648,695 15 May 2025 Direct F2
transaction ACDC Class A common stock, par value $0.01 per share Purchase $1,294,354 +207,163 +0.26% $6.25 79,855,858 16 May 2025 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $6.05 to $614 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $6.00 to $6.15 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $6.18 to $6.25 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 THRC Holdings owns (i) 78,123,143 shares of Class A Common Stock of Issuer, (ii) 30,000 shares of Series A Redeemable Convertible Preferred Stock that are convertible into 1,689,971 shares of Class A Common Stock, and (iii) warrants to purchase 42,744 shares of Class A Common Stock.
F5 THRC Holdings, LP, a Texas limited partnership ("THRC"), directly holds the securities of the Issuer. THRC Management, LLC, a Texas limited liability company ("THRC Management"), as General Partner of THRC, has exclusive voting and investment control over the shares of the Issuer's Class A common stock held by THRC, and therefore may be deemed to beneficially own such shares. Dan Wilks, as sole manager of THRC Management, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC, and therefore may be deemed to beneficially own such shares. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.