David Scott Schorlemer - 16 Feb 2024 Form 4 Insider Report for ProPetro Holding Corp. (PUMP)

Role
Chief Financial Officer
Signature
/s/ John J. Mitchell, as attorney-in-fact for David Scott Schorlemer
Issuer symbol
PUMP
Transactions as of
16 Feb 2024
Net transactions value
-$60,084
Form type
4
Filing time
20 Feb 2024, 16:57:46 UTC
Previous filing
05 Feb 2024
Next filing
01 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUMP Common Stock Options Exercise +16,077 +19% 102,084 16 Feb 2024 Direct F1, F2
transaction PUMP Common Stock Tax liability $32,494 -3,915 -3.8% $8.30 98,169 16 Feb 2024 Direct F3
transaction PUMP Common Stock Options Exercise +13,647 +14% 111,816 17 Feb 2024 Direct F1, F2
transaction PUMP Common Stock Tax liability $27,589 -3,324 -3% $8.30 108,492 17 Feb 2024 Direct F3

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 -16,077 -19% $0.000000 70,750 16 Feb 2024 Common Stock 16,077 Direct F2, F4
transaction PUMP Restricted Stock Units Options Exercise $0 -13,647 -19% $0.000000 57,103 17 Feb 2024 Common Stock 13,647 Direct F2, F5
* 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 Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
F4 On February 16, 2022, the reporting person was granted 48,231 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F5 On February 17, 2021, the reporting person was granted 40,941 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.