4//SEC Filing
Bayou Well Holdings Company, LLC 4
Accession 0000950170-24-120882
CIK 0001699039other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 5:05 PM ET
Size
10.6 KB
Accession
0000950170-24-120882
Insider Transaction Report
Form 4
Bayou Well Holdings Company, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-10-01+450,000→ 450,000 total - Conversion
Class B Common Stock
2021-10-01−450,000→ 0 total - Conversion
Units of RNGR Energy Services, LLC
2021-10-01−450,000→ 0 totalExercise: $0.00→ Class A Common Stock (450,000 underlying)
Holdings
- 2,164,107(indirect: By LLC)
Class A Common Stock
Footnotes (3)
- [F1]Pursuant to the terms of the TRA Termination Agreement (as defined in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021) and the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC" and the "Ranger LLC Agreement"), units issued by Ranger LLC ("Ranger Units"), together with an equal number of shares of Class B Common Stock of the Issuer ("Class B Common Stock") which were cancelled for no consideration, were exchanged, on a one-for-one basis, for shares of Class A Common Stock.
- [F2]Reflects reporting person's proportionate interest in shares owned directly by Ranger Energy Holdings, LLC, in which the reporting person has a membership interest. The reporting person disclaims beneficial ownership of such shares except to the extent of its pecuniary interests therein.
- [F3]Subject to the terms of the Ranger LLC Agreement, Ranger Units are exchangeable from time to time (upon surrender for no consideration of an equal number of shares of the Class B Common Stock) for shares of Class A Common Stock. Each of Ranger LLC and the Issuer has the option to deliver cash in lieu of shares of Class A Common Stock upon the exercise of such exchange rights, subject to certain reclassification and retraction rights, as applicable. Shares of Class B Common Stock do not represent any economic interest in the Issuer, but each share of Class B Common Stock entitles its holder to one vote on all matters to be voted on by stockholders generally.
Documents
Issuer
Ranger Energy Services, Inc.
CIK 0001699039
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001714384
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 5:05 PM ET
- Size
- 10.6 KB