Steven Bender - 11 Mar 2024 Form 4 Insider Report for Cactus, Inc. (WHD)

Role: Chief Operating Officer
Signature: /s/ Steven Bender, by William Marsh as Attorney-in-Fact
Issuer symbol: WHD
Transactions as of: 11 Mar 2024
Net transactions value: -$531,114
Form type: 4
Filing time: 13 Mar 2024, 14:42:42 UTC
Previous filing: 11 Sep 2023
Next filing: 08 Nov 2024
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	Options Exercise		+4,583	+11%		44,583	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$83,940	-1,804	-4%	$46.53	42,779	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+3,114	+7.3%		45,893	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$57,132	-1,226	-2.7%	$46.60	44,667	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+2,584	+5.8%		47,251	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$47,392	-1,017	-2.2%	$46.60	46,234	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Award		+18,686	+40%		64,920	11 Mar 2024	Direct	F3
transaction	WHD	Class A Common Stock	Tax liability	$342,650	-7,353	-11%	$46.60	57,567	11 Mar 2024	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	-4,583	-4.4%	$0.000000	98,914	11 Mar 2024	Class A Common Stock	4,583		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-3,114	-3.1%	$0.000000	95,800	11 Mar 2024	Class A Common Stock	3,114		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-2,584	-2.7%	$0.000000	93,216	11 Mar 2024	Class A Common Stock	2,584		Direct	F1, F6
transaction	WHD	Restricted Stock Units	Award	$0	+14,915	+16%	$0.000000	108,131	11 Mar 2024	Class A Common Stock	14,915		Direct	F1, F7

* 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	Represents shares earned for the performance share units granted in 2021 for the three-year performance period ending December 31, 2023 as approved by the Compensation Committee of the Board of Directors and issued March 11, 2024.
F4	On March 10, 2023, the reporting person was granted 13,748 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.
F7	On March 11, 2024, the reporting person was granted 14,915 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.