Sivasankaran Somasundaram - Feb 16, 2022 Form 4 Insider Report for ChampionX Corp (CHX)

Signature
/s/ Julia Wright, as attorney-in-fact
Stock symbol
CHX
Transactions as of
Feb 16, 2022
Transactions value $
-$214,313
Form type
4
Date filed
2/18/2022, 05:25 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 +40.4K +11.97% $0.00 378K Feb 16, 2022 Direct F1
transaction CHX Common Stock Tax liability -$214K -9.86K -2.61% $21.74 368K Feb 16, 2022 Direct
transaction CHX Common Stock Award $0 +122K +33.05% $0.00 490K Feb 17, 2022 Direct
holding CHX Common Stock 13K Feb 16, 2022 By Limited Partnership
* 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.