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

Role: President, Director, 10%+ Owner
Signature: /s/ Joel Bender, by William Marsh as Attorney-in-Fact
Stock symbol: WHD
Transactions as of: Mar 11, 2024
Transactions value $: -$1,257,803
Form type: 4
Date filed: 3/13/2024, 02:43 PM
Previous filing: Nov 24, 2023
Next filing: Apr 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WHD	Class A Common Stock	Options Exercise		+7.64K	+6.64%		123K	Mar 11, 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$140K	-3.01K	-2.45%	$46.53	120K	Mar 11, 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+7.79K	+6.51%		127K	Mar 11, 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$143K	-3.06K	-2.41%	$46.60	124K	Mar 11, 2024	Direct	F2
transaction	WHD	Class A Common Stock	Options Exercise		+6.46K	+5.2%		131K	Mar 11, 2024	Direct	F1
transaction	WHD	Class A Common Stock	Tax liability	-$119K	-2.54K	-1.94%	$46.60	128K	Mar 11, 2024	Direct	F2
transaction	WHD	Class A Common Stock	Award		+46.7K	+36.42%		175K	Mar 11, 2024	Direct	F3
transaction	WHD	Class A Common Stock	Tax liability	-$857K	-18.4K	-10.51%	$46.60	157K	Mar 11, 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	-7.64K	-17.51%	$0.00	36K	Mar 11, 2024	Class A Common Stock	7.64K		Direct	F1, F4
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-7.79K	-21.64%	$0.00	28.2K	Mar 11, 2024	Class A Common Stock	7.79K		Direct	F1, F5
transaction	WHD	Restricted Stock Units	Options Exercise	$0	-6.46K	-22.91%	$0.00	21.7K	Mar 11, 2024	Class A Common Stock	6.46K		Direct	F1, F6
transaction	WHD	Restricted Stock Units	Award	$0	+24.9K	+114.36%	$0.00	46.6K	Mar 11, 2024	Class A Common Stock	24.9K		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.