Robert K. Galloway - Feb 16, 2022 Form 4 Insider Report for ChampionX Corp (CHX)

Role: Pres., Drilling Technologies
Signature: /s/ Julia Wright, as attorney-in-fact
Stock symbol: CHX
Transactions as of: Feb 16, 2022
Transactions value $: -$30,436
Form type: 4
Date filed: 2/18/2022, 05:16 PM
Previous filing: Jul 7, 2021
Next filing: Feb 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHX	Common Stock	Award	$0	+4.04K	+11.74%	$0.00	38.4K	Feb 16, 2022	Direct	F1
transaction	CHX	Common Stock	Tax liability	-$30.4K	-1.4K	-3.64%	$21.74	37K	Feb 16, 2022	Direct
transaction	CHX	Common Stock	Award	$0	+14.6K	+39.41%	$0.00	51.6K	Feb 17, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents settlement of a performance share award based on (i) the company's relative total shareholder return calculated using the 20-trading day average stock price ending December 31, 2018 compared to the 20-trading day average stock price ending December 31, 2021, and (ii) return on invested capital, deemed to be met at target due to the acquisition of ChampionX Holding Inc. during the performance period.

Content

Represents settlement of a performance share award based on (i) the company's relative total shareholder return calculated using the 20-trading day average stock price ending December 31, 2018 compared to the 20-trading day average stock price ending December 31, 2021, and (ii) return on invested capital, deemed to be met at target due to the acquisition of ChampionX Holding Inc. during the performance period.