Shelby K. Fietz - Feb 1, 2024 Form 4 Insider Report for ProPetro Holding Corp. (PUMP)

Signature
/s/ John J. Mitchell, as attorney-in-fact for Shelby K. Fietz
Stock symbol
PUMP
Transactions as of
Feb 1, 2024
Transactions value $
-$8,705
Form type
4
Date filed
2/5/2024, 07:08 PM
Previous filing
Nov 28, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUMP Common Stock Options Exercise +3.54K +19.58% 21.6K Feb 1, 2024 Direct F1, F2, F3
transaction PUMP Common Stock Tax liability -$8.7K -1.05K -4.86% $8.29 20.6K Feb 1, 2024 Direct F4

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 PUMP Restricted Stock Units Options Exercise $0 -3.54K -0.98% $0.00 358K Feb 1, 2024 Common Stock 3.54K Direct F2, F5
holding PUMP Stock Options 6.09K Feb 1, 2024 Common Stock 6.09K $14.00 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F3 A total of 6,090 stock options were inadvertently reported as shares of Common Stock in the reporting person's Form 3. Immediately prior to the transactions reported herein, the reporting person owned 18,066 shares of Common Stock and 6,090 stock options.
F4 Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
F5 On February 1, 2023, the reporting person was granted 10,615 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F6 The stock options were granted on March 16, 2017 and vested in four substantially equal installments beginning on the first anniversary of the grant date. Accordingly, all of the stock options have vested and are currently exercisable.