Joel Bender - Mar 10, 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
Stock symbol
WHD
Transactions as of
Mar 10, 2023
Transactions value $
-$1,281,703
Form type
4
Date filed
3/14/2023, 07:40 PM
Previous filing
Nov 28, 2022
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WHD Class A Common Stock Award $0 +43.9K +64.03% $0.00 113K Mar 10, 2023 Direct F1
transaction WHD Class A Common Stock Tax liability -$736K -17.3K -15.36% $42.59 95.2K Mar 10, 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +18.3K +19.22% 114K Mar 11, 2023 Direct F3
transaction WHD Class A Common Stock Tax liability -$307K -7.2K -6.34% $42.59 106K Mar 11, 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +7.79K +7.32% 114K Mar 11, 2023 Direct F3
transaction WHD Class A Common Stock Tax liability -$130K -3.06K -2.68% $42.59 111K Mar 11, 2023 Direct F2
transaction WHD Class A Common Stock Options Exercise +6.46K +5.82% 118K Mar 11, 2023 Direct F3
transaction WHD Class A Common Stock Tax liability -$108K -2.54K -2.16% $42.59 115K Mar 11, 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 +22.9K +43.03% $0.00 76.2K Mar 10, 2023 Class A Common Stock 22.9K Direct F3, F4
transaction WHD Restricted Stock Units Options Exercise $0 -18.3K -24.03% $0.00 57.9K Mar 11, 2023 Class A Common Stock 18.3K Direct F3, F5
transaction WHD Restricted Stock Units Options Exercise $0 -7.79K -13.46% $0.00 50.1K Mar 11, 2023 Class A Common Stock 7.79K Direct F3, F6
transaction WHD Restricted Stock Units Options Exercise $0 -6.46K -12.9% $0.00 43.6K Mar 11, 2023 Class A Common Stock 6.46K 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.