C. Ray Tobias - 16 Aug 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Reporting relationship: EVP, Chief Operating Officer
Issuer ticker: DWSN
Reported as of: 16 Aug 2022
Net transaction value: -$43,750
SEC form: 4
Accepted by SEC: 18 Aug 2022, 10:38:28 UTC
Prior SEC filing: 20 Jan 2022
Source filing: View source filing
Reporting owner signature: C. Ray Tobias

Key filing fact

C. Ray Tobias filed Form 4 for DAWSON GEOPHYSICAL CO (DWSN) on 18 Aug 2022.

Key facts

This page summarizes C. Ray Tobias's Form 4 filing for DAWSON GEOPHYSICAL CO (DWSN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 18 Aug 2022, 10:38.

Change

Previous filing in this sequence was filed on 20 Jan 2022.
Current net transaction value: -$43,750.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DWSN transaction

Dawson Geophysical Company-Common Stock $0.01 par value

Disposed to Issuer

Transaction value: $43,750
Shares: -25,000
Change %: -100%
Price: $1.75
Shares after: 0
Date: 16 Aug 2022
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Includes 25,000 restricted stock units, which may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Common Stock of the Issuer.

Footnote F2

Dawson Geophysical Company and the Reporting Person entered into a mutual agreement for the cash settlement of all vested cash-settled RSUs held by the Reporting Person as of the Transaction Date. Following the Transaction, the Reporting Person holds zero (0) shares of Dawson Geophysical Company Common Stock and zero (0) Dawson Geophysical Company restricted stock units.