Steven Bender - Mar 11, 2022 Form 4 Insider Report for Cactus, Inc. (WHD)

Role: VP of Operations
Signature: /s/ Steven Bender, by David Isaac as Attorney-in-Fact
Stock symbol: WHD
Transactions as of: Mar 11, 2022
Transactions value $: -$399,592
Form type: 4
Date filed: 3/15/2022, 08:07 PM
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WHD	Class A Common Stock	Options Exercise		+5.35K	+14.64%		41.9K	Mar 11, 2022	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$117K	-2.11K	-5.03%	$55.70	39.8K	Mar 11, 2022	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+9.76K	+24.52%		49.6K	Mar 11, 2022	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$214K	-3.84K	-7.75%	$55.70	45.7K	Mar 11, 2022	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+3.12K	+6.81%		48.8K	Mar 11, 2022	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$68.3K	-1.23K	-2.51%	$55.70	47.6K	Mar 11, 2022	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	WHD	Restricted Stock Units	Options Exercise	$0	-5.35K	-15.64%	$0.00	28.9K	Mar 11, 2022	Class A Common Stock	5.35K		Direct	F1, F3
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-9.76K	-33.82%	$0.00	19.1K	Mar 11, 2022	Class A Common Stock	9.76K		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-3.12K	-16.31%	$0.00	16K	Mar 11, 2022	Class A Common Stock	3.12K		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Award	$0	+7.75K	+48.48%	$0.00	23.7K	Mar 11, 2022	Class A Common Stock	7.75K		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units represent a contingent right to receive Class A common stock. Upon vesting, one share of Class A common stock will be delivered for each vested restricted stock unit.
F2	Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
F3	On March 11, 2019, the reporting person was granted 16,055 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4	On March 11, 2020, the reporting person was granted 29,283 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F5	On March 11, 2021, the reporting person was granted 9,343 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F6	On March 11, 2022, the reporting person was granted 7,752 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.