Sivasankaran Somasundaram - Jul 24, 2023 Form 4 Insider Report for ChampionX Corp (CHX)

Role: President & CEO, Director
Signature: /s/ Julia Wright, as attorney-in-fact
Stock symbol: CHX
Transactions as of: Jul 24, 2023
Transactions value $: -$759,264
Form type: 4
Date filed: 7/25/2023, 06:12 PM
Previous filing: Jul 12, 2023
Next filing: Aug 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHX	Common Stock	Sale	-$259K	-7.4K	-1.55%	$35.00	469K	Jul 24, 2023	Direct	F1
transaction	CHX	Common Stock	Sale	-$500K	-13.9K	-2.96%	$36.02	455K	Jul 25, 2023	Direct	F2
holding	CHX	Common Stock						99K	Jul 24, 2023	By Limited Partnership

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022. The shares were sold in multiple trades, each at $35.00 per share. The Reporting Person undertakes to provide, upon request, to the Securities and Exchange Commission staff, the Issuer or a security holder, full information regarding the number of shares and prices at which the transactions were effected.
F2	These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022. The shares were sold in multiple trades at prices ranging from $36.00 to $36.04, inclusive. The Reporting Person undertakes to provide, upon request, to the Securities and Exchange Commission staff, the Issuer or a security holder, full information regarding the number of shares and prices at which the transactions were effected. There are no further shares subject to sale under the Reporting Person's Rule 10b5-1 trading plan adopted on December 7, 2022.

Content

These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022. The shares were sold in multiple trades, each at $35.00 per share. The Reporting Person undertakes to provide, upon request, to the Securities and Exchange Commission staff, the Issuer or a security holder, full information regarding the number of shares and prices at which the transactions were effected.

These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022. The shares were sold in multiple trades at prices ranging from $36.00 to $36.04, inclusive. The Reporting Person undertakes to provide, upon request, to the Securities and Exchange Commission staff, the Issuer or a security holder, full information regarding the number of shares and prices at which the transactions were effected. There are no further shares subject to sale under the Reporting Person's Rule 10b5-1 trading plan adopted on December 7, 2022.