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Galloway Robert K 4

Accession 0000950170-24-140646

CIK 0001723089other

Filed

Dec 25, 7:00 PM ET

Accepted

Dec 26, 9:21 PM ET

Size

5.8 KB

Accession

0000950170-24-140646

Insider Transaction Report

Form 4
Period: 2024-12-20
Galloway Robert K
Pres., Drilling Technologies
Transactions
  • Tax Payment

    Common Stock

    2024-12-20$25.79/sh8,855$228,37061,580 total
Footnotes (1)
  • [F1]Represents stock withheld to cover taxes resulting from the settlement of previously reported restricted stock unit awards ("RSUs") in connection with the Issuer's mitigation of the potential impact to certain employees under Sections 280G and 4999 of the U.S. Internal Revenue Code, as amended, resulting from the treatment of potential payments that may be made in connection with the merger between the Company, Schlumberger Limited, a Curacao corporation ("SLB"), Sodium Holdco, Inc., a Delaware corporation and indirect wholly owned subsidiary of SLB ("Sodium US"), and Sodium Merger Sub, Inc., a Delaware corporation and direct wholly owned subsidiary of SLB and Sodium US ("Merger Sub"), pursuant to which Merger Sub will be merged with and into the Issuer, with the Issuer surviving the merger as an indirect wholly owned subsidiary of SLB. The restricted stock remains subject to the same vesting schedules as the corresponding restricted stock unit awards.

Documents

1 file

Issuer

ChampionX Corp

CIK 0001723089

Entity typeother

Related Parties

1
  • filerCIK 0001737891

Filing Metadata

Form type
4
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 9:21 PM ET
Size
5.8 KB