| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LBRT | Class A Common Stock | Award | $0 | +123,340 | +17% | $0.000000 | 835,632 | 01 Apr 2025 | Direct | F1 |
| transaction | LBRT | Class A Common Stock | Tax liability | $1,189,035 | -75,018 | -9% | $15.85 | 760,614 | 01 Apr 2025 | Direct | F2 |
| transaction | LBRT | Class A Common Stock | Sale | $80,000 | -5,000 | -0.66% | $16.00 | 755,614 | 02 Apr 2025 | Direct | F3 |
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 | Shares of common stock issued to the Reporting Person on April 1, 2025 upon achievement of the performance criteria and vesting of performance restricted stock units granted on January 18, 2022. |
| F2 | Represents shares withheld to satisfy the tax withholding obligations upon vesting of performance RSUs granted on January 18, 2022 and RSUs granted on January 18, 2022, February 8, 2023, and January 22, 2024. |
| F3 | The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2024 for sales beginning in January 2025. |