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

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Scott Bender, by William Marsh as Attorney-in-Fact
Issuer symbol: WHD
Transactions as of: 11 Mar 2024
Net transactions value: -$1,250,720
Form type: 4
Filing time: 13 Mar 2024, 14:42:53 UTC
Previous filing: 05 Mar 2024
Next filing: 03 Apr 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		+7,638	+38190%		7,658	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$139,869	-3,006	-39%	$46.53	4,652	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+7,786	+167%		12,438	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$142,782	-3,064	-25%	$46.60	9,374	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+6,460	+69%		15,834	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$111,421	-2,391	-15%	$46.60	13,443	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Award		+46,716	+348%		60,159	11 Mar 2024	Direct	F3
transaction	WHD	Class A Common Stock	Tax liability	$856,648	-18,383	-31%	$46.60	41,776	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	-7,638	-18%	$0.000000	35,981	11 Mar 2024	Class A Common Stock	7,638		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-7,786	-22%	$0.000000	28,195	11 Mar 2024	Class A Common Stock	7,786		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-6,460	-23%	$0.000000	21,735	11 Mar 2024	Class A Common Stock	6,460		Direct	F1, F6
transaction	WHD	Restricted Stock Units	Award	$0	+24,857	+114%	$0.000000	46,592	11 Mar 2024	Class A Common Stock	24,857		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 22,913 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 23,358 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 19,380 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 24,857 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.