Joel Bender - 10 Mar 2023 Form 4 Insider Report for Cactus, Inc. (WHD)

Role
Senior VP & COO, Director, 10%+ Owner
Signature
/s/ Joel Bender, by William Marsh as Attorney-in-Fact
Issuer symbol
WHD
Transactions as of
10 Mar 2023
Net transactions value
-$1,281,703
Form type
4
Filing time
14 Mar 2023, 19:40:31 UTC
Previous filing
28 Nov 2022
Next filing
05 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHD Class A Common Stock Award $0 +43,924 +64% $0.000000 112,528 10 Mar 2023 Direct F1
transaction WHD Class A Common Stock Tax liability $736,168 -17,285 -15% $42.59 95,243 10 Mar 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +18,302 +19% 113,545 11 Mar 2023 Direct F3
transaction WHD Class A Common Stock Tax liability $306,733 -7,202 -6.3% $42.59 106,343 11 Mar 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +7,786 +7.3% 114,129 11 Mar 2023 Direct F3
transaction WHD Class A Common Stock Tax liability $130,496 -3,064 -2.7% $42.59 111,065 11 Mar 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +6,460 +5.8% 117,525 11 Mar 2023 Direct F3
transaction WHD Class A Common Stock Tax liability $108,306 -2,543 -2.2% $42.59 114,982 11 Mar 2023 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 Award $0 +22,913 +43% $0.000000 76,167 10 Mar 2023 Class A Common Stock 22,913 Direct F3, F4
transaction WHD Restricted Stock Units Options Exercise $0 -18,302 -24% $0.000000 57,865 11 Mar 2023 Class A Common Stock 18,302 Direct F3, F5
transaction WHD Restricted Stock Units Options Exercise $0 -7,786 -13% $0.000000 50,079 11 Mar 2023 Class A Common Stock 7,786 Direct F3, F6
transaction WHD Restricted Stock Units Options Exercise $0 -6,460 -13% $0.000000 43,619 11 Mar 2023 Class A Common Stock 6,460 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned for the performance share units granted in 2020 for the three-year performance period ending December 31, 2022 as approved by the Compensation Committee of the Board of Directors and issued March 10, 2023.
F2 Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
F3 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.
F4 On March 10, 2023, the reporting person was granted 22,913 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F5 On March 11, 2020, the reporting person was granted 54,905 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F6 On March 11, 2021, the reporting person was granted 23,358 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F7 On March 11, 2022, the reporting person was granted 19,380 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.