| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WHD | Class B Common Stock | Disposed to Issuer | -5K | -17.99% | 22.8K | Aug 21, 2023 | Direct | F1 | ||
| transaction | WHD | Class A Common Stock | Other | +5K | +49.31% | 15.1K | Aug 21, 2023 | Direct | F1 | ||
| transaction | WHD | Class A Common Stock | Sale | -$255K | -5K | -33.03% | $51.01 | 10.1K | Aug 21, 2023 | Direct | |
| transaction | WHD | Class B Common Stock | Disposed to Issuer | -40K | -21.61% | 145K | Aug 21, 2023 | See footnote | F2, F3 | ||
| transaction | WHD | Class A Common Stock | Other | +40K | 40K | Aug 21, 2023 | See footnote | F2, F3 | |||
| transaction | WHD | Class A Common Stock | Sale | -$2.04M | -40K | -100% | $51.01 | 0 | Aug 21, 2023 | See footnote | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WHD | Units | Other | -5K | -17.99% | 22.8K | Aug 21, 2023 | Class A Common Stock | 5K | Direct | F1, F4, F5, F6 | |||
| transaction | WHD | Units | Other | -40K | -21.61% | 145K | Aug 21, 2023 | Class A Common Stock | 40K | See footnote | F2, F3, F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | On August 21, 2023, the Reporting Person redeemed 5,000 units representing limited liability interests ("Units") in Cactus Companies, LLC ("Cactus Companies") pursuant to the Amended and Restated Limited Liability Company Operating Agreement of Cactus Companies (the "Cactus Companies LLC Agreement"). In connection with this redemption, Cactus Companies cancelled 5,000 Units, and Cactus, Inc (the "Company") cancelled a corresponding number of shares of its Class B Common Stock and issued to the Reporting Person 5,000 shares of Class A Common Stock. |
| F2 | On August 21, 2023, the Reporting Person redeemed 40,000 units representing limited liability interests ("Units") in Cactus Companies, LLC ("Cactus Companies") pursuant to the Amended and Restated Limited Liability Company Operating Agreement of Cactus Companies (the "Cactus Companies LLC Agreement"). In connection with this redemption, Cactus Companies cancelled 40,000 Units, and Cactus, Inc (the "Company") cancelled a corresponding number of shares of its Class B Common Stock and issued to the Reporting Person 40,000 shares of Class A Common Stock. |
| F3 | The securities reported in this item are directly owned by trusts established for the benefit of the Reporting Person and members of his family. |
| F4 | "Units" mean ownership interests in Cactus Companies. The Issuer is the sole managing member of Cactus Companies. |
| F5 | The Cactus Companies LLC Agreement provides the holders of Units with certain rights to cause Cactus Companies to acquire all or at least a minimum portion of their Units for, at Cactus Companies 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. |
| F6 | Upon the exercise of the Redemption Right, the Issuer (instead of Cactus Companies) has the right (the "Call Right") to acquire each tendered Unit directly from the exchanging Unit holder for, at its 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. |