Key facts
- This page summarizes Scott Bender's Form 4 filing for Cactus, Inc. (WHD).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 16 Aug 2022, 17:26.
Scott Bender - 16 Aug 2022 Form 4 Insider Report for Cactus, Inc. (WHD)
- Reporting relationship
- President and CEO, Director, 10%+ Owner
- Issuer ticker
- WHD
- Reported as of
- 16 Aug 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 16 Aug 2022, 17:26:04 UTC
- Prior SEC filing
- 09 Jun 2022
- Next SEC filing
- 19 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Scott Bender, by William Marsh as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Scott Bender filed Form 4 for Cactus, Inc. (WHD) on 16 Aug 2022.
Change
- Previous filing in this sequence was filed on 09 Jun 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WHD
transaction
Class B Common Stock
Other
- Transaction value
- Shares
- -91,325
- Change %
- -0.67%
- Price
- Shares after
- 13,536,206
- Date
- 16 Aug 2022
- Ownership
- See Footnote
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WHD
transaction
Derivative
Units
Other
- Transaction value
- Shares
- -91,325
- Change %
- -0.67%
- Price
- Shares after
- 13,536,206
- Date
- 16 Aug 2022
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 91,325
- Exercise price
- Footnotes
- F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
In connection with certain redemptions of ownership interests in Cactus WH Enterprises, LLC ("Cactus Enterprises") by certain of Cactus Enterprises' members pursuant to the first amended and restated limited liability company agreement of Cactus Enterprises, Cactus Enterprises distributed Class B Common Stock to such members. The Reporting Person did not participate in the redemptions, and no shares of Class B Common Stock were distributed to the Reporting Person or any entities controlled by the Reporting Person.
Footnote F2
The securities reported herein are directly owned by Cactus Enterprises. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Reporting Person may be deemed to have an indirect pecuniary interest in the securities held directly by Cactus Enterprises through his ownership interest in Cactus Enterprises. In accordance with Instruction 4(b)(iv), the entire amount of the securities held by Cactus Enterprises is reported herein. The Reporting Person disclaims beneficial ownership of any securities that he does not directly own, except to the extent of his indirect pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person.
Footnote F3
"Units" mean ownership interests in Cactus Wellhead, LLC ("Cactus LLC"). The Issuer is the sole managing member of Cactus LLC.
Footnote F4
The first amended and restated limited liability company operating agreement of Cactus LLC provides the holders of Units with certain rights to cause Cactus LLC to acquire all or at least a minimum portion of their Units for, at Cactus LLC's election, (x) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an equivalent amount of cash.
Footnote F5
In connection with certain redemptions of ownership interests in Cactus Enterprises by certain of Cactus Enterprises' members pursuant to the first amended and restated limited liability company agreement of Cactus Enterprises, Cactus Enterprises distributed Units to such members. The Reporting Person did not participate in the redemptions, and no Units were distributed to the Reporting Person or any entities controlled by the Reporting Person.