4//SEC Filing
Eliassen Gunnar W. 4
Accession 0000899243-20-020754
CIK 0001704235other
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 6:20 PM ET
Size
9.8 KB
Accession
0000899243-20-020754
Insider Transaction Report
Form 4
Eliassen Gunnar W.
Director
Transactions
- Exercise/Conversion
Common stock
2020-07-28+38,462→ 78,570 total - Exercise/Conversion
Restricted Stock Unit
2020-07-28−38,462→ 0 total→ Common Stock (38,462 underlying) - Disposition to Issuer
Common stock
2020-07-28−78,570→ 0 total
Footnotes (3)
- [F1]On July 28, 2020, pursuant to the Agreement and Plan of Merger, dated May 3, 2020 (the "Merger Agreement"), by and among Quintana Energy Services Inc. ("QES"), KLX Energy Services Holdings, Inc. ("KLXE"), Krypton Intermediate LLC, and Kypton Merger Sub Inc. ("Merger Sub"), Merger Sub merged with and into QES (the "Merger"), with QES surviving the Merger as the wholly owned subsidiary of KLXE.
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, each share of QES's common stock issued and outstanding immediately prior to the effective time of the Merger, was converted into, and became exchangeable for, 0.0969 shares of KLXE common stock. On July 27, 2020 (the last trading day prior to consummation of the Merger and KLXE's 1-for-5 reverse stock split), the closing price of one share of KLXE common stock was $2.00 and the closing price of one share of QES common stock was $0.93.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding restricted stock unit award held by any director of the Company became fully vested and was cancelled, and became exchangeable for 0.0969 shares of KLXE common stock.
Documents
Issuer
Quintana Energy Services Inc.
CIK 0001704235
Entity typeother
Related Parties
1- filerCIK 0001715313
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 6:20 PM ET
- Size
- 9.8 KB