| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LBRT | Class A Common Stock | Sale | -$417K | -20K | -2.42% | $20.87 | 806K | Apr 1, 2024 | Direct | F1, F2 |
| transaction | LBRT | Class A Common Stock | Award | $0 | +116K | +14.37% | $0.00 | 922K | Apr 1, 2024 | Direct | F3 |
| transaction | LBRT | Class A Common Stock | Tax liability | -$1.61M | -76.7K | -8.32% | $20.97 | 845K | Apr 1, 2024 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2023 for sales beginning in March 2024. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.61 to $21.015, inclusive. The Reporting Person undertakes to provide to Liberty Energy Inc., any security holder of Liberty Energy Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F3 | Shares of common stock issued to the Reporting Person on April 1, 2024 upon achievement of the performance criteria and vesting of performance restricted stock units granted on January 20, 2021. |
Exhibit 24 - Power of Attorney