Charles Andrew Smith - May 1, 2025 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
Stock symbol
PTEN
Transactions as of
May 1, 2025
Transactions value $
-$72,016
Form type
4
Date filed
5/5/2025, 04:24 PM
Previous filing
May 1, 2025
Next filing
May 12, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Charles Andrew EVP & Chief Financial Officer 10713 W. SAM HOUSTON PKWY N., SUITE 800, HOUSTON By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 09/08/2017 /s/Forrest Robinson 2025-05-05 0001453799

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTEN Common Stock Award $0 +102K +16.44% $0.00 720K May 1, 2025 Direct F1
transaction PTEN Common Stock Tax liability -$72K -11.9K -1.66% $6.03 708K 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 +72.1K 72.1K May 1, 2025 Common Stock 72.1K 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.