Key facts
- This page summarizes Farris Wilks's Form 4 filing for U.S. WELL SERVICES HOLDINGS, LLC.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Nov 2022, 13:47.
Farris Wilks - 01 Nov 2022 Form 4 Insider Report for U.S. WELL SERVICES HOLDINGS, LLC
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 01 Nov 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Nov 2022, 13:47:57 UTC
- Prior SEC filing
- 19 May 2022
- Next SEC filing
- 26 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert J. Willette, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Farris Wilks filed Form 4 for U.S. WELL SERVICES HOLDINGS, LLC on 09 Nov 2022.
Change
- Previous filing in this sequence was filed on 19 May 2022.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
USWS
transaction
Class A Common Stock, par value $0.0001 per share
Options Exercise
- Transaction value
- Shares
- +2,455,070
- Change %
- Price
- Shares after
- 2,455,070
- Date
- 01 Nov 2022
- Ownership
- Direct
- Footnotes
- F1
USWS
transaction
Class A Common Stock, par value $0.0001 per share
Disposed to Issuer
- Transaction value
- Shares
- +2,455,070
- Change %
- Price
- Shares after
- 0
- Date
- 01 Nov 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
USWS
transaction
Derivative
16.0% Convertible Senior Secured (Third Lien) PIK Note
Options Exercise
- Transaction value
- Shares
- -2,455,070
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Nov 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,455,070
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Farris Wilks is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Reflects the conversion of 16.0% Convertible Senior Secured (Third Lien) PIK Notes of the Issuer into a number of shares of Class A Common Stock of the Issuer equal to the quotient of (i) the aggregate principal amount, plus accrued and unpaid interest, owing under such note through July 9, 2022 ($17,971,111.95), and (ii) $7.32 pursuant to the Agreement and Plan of Merger by and among the Issuer, ProFrac Holding Corp. and Thunderclap Merger Sub I, Inc., dated as of June 21, 2022 (the "Merger Agreement").
Footnote F2
Reflects the conversion pursuant to the Merger Agreement of shares of Class A Common Stock of the Issuer into 0.3366 shares of Class A Common Stock of ProFrac Holding Corp. ("PFHC Shares"). The closing price of PFHC Shares on November 1, 2022, was $22.08 per share.