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

Role: Exec VP and Treasurer
Signature: /s/ Stephen Tadlock, by Will Marsh as Attorney-in-Fact
Issuer symbol: WHD
Transactions as of: 11 Mar 2024
Net transactions value: -$595,282
Form type: 4
Filing time: 13 Mar 2024, 14:43:44 UTC
Previous filing: 17 Aug 2023
Next filing: 04 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		+7,978	+16%		58,142	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$146,104	-3,140	-5.4%	$46.53	55,002	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+3,130	+5.7%		58,132	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$57,411	-1,232	-2.1%	$46.60	56,900	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+2,584	+4.5%		59,484	11 Mar 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	$47,392	-1,017	-1.7%	$46.60	58,467	11 Mar 2024	Direct	F2
transaction	WHD	Class A Common Stock	Award		+18,780	+32%		77,247	11 Mar 2024	Direct	F3
transaction	WHD	Class A Common Stock	Tax liability	$344,374	-7,390	-9.6%	$46.60	69,857	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	-7,978	-7%	$0.000000	105,719	11 Mar 2024	Class A Common Stock	7,978		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-3,130	-3%	$0.000000	102,589	11 Mar 2024	Class A Common Stock	3,130		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-2,584	-2.5%	$0.000000	100,005	11 Mar 2024	Class A Common Stock	2,584		Direct	F1, F6
transaction	WHD	Restricted Stock Units	Award	$0	+14,915	+15%	$0.000000	114,920	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 23,932 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 9,390 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.