Seth David Wexler - May 1, 2025 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Signature
By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 6/11/2013 /s/Forrest Robinson
Stock symbol
PTEN
Transactions as of
May 1, 2025
Transactions value $
-$49,356
Form type
4
Date filed
5/5/2025, 04:22 PM
Previous filing
May 1, 2025
Next filing
May 12, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wexler Seth David EVP/General Counsel/Secretary 10713 W. SAM HOUSTON PKWY N., SUITE 800, HOUSTON By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 6/11/2013 /s/Forrest Robinson 2025-05-05 0001469527

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTEN Common Stock Award $0 +87.2K +19.97% $0.00 524K May 1, 2025 Direct F1
transaction PTEN Common Stock Tax liability -$49.4K -8.19K -1.56% $6.03 516K May 5, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTEN Cash-Settled Restricted Stock Units Award +61.8K 61.8K May 1, 2025 Common Stock 61.8K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.
F2 Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into Common Stock on May 5, 2025.
F3 Each cash-settled restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Common Stock on the applicable vesting date. One-third of the cash-settled restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.