SLEDGE DAVID W 4
4 · ProPetro Holding Corp. · Filed Feb 13, 2020
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2020-02-11+27,214→ 46,366 total - Tax Payment
Common Stock
2020-02-11$9.57/sh−8,148$77,976→ 38,218 total - Exercise/Conversion
Performance Stock Units
2020-02-11−27,214→ 49,483 total→ Common Stock (27,214 underlying) - Award
Restricted Stock Units
2020-02-11+37,617→ 90,502 total→ Common Stock (37,617 underlying)
Footnotes (5)
- [F1]Reflects shares of common stock of the Issuer ("Common Stock") granted upon settlement of previously awarded performance stock units ("PSUs"), which were settled based on the Issuer's achievement of target performance goals with respect to total shareholder return relative to the Issuer's peer group for the performance period ended December 31, 2019.
- [F2]Reduced by 52,885 restricted stock units ("RSUs") previously reported as Common Stock in Table I but now reported in Table II.
- [F3]Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded PSUs.
- [F4]Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock. The RSUs will vest in three substantially equal annual installments commencing on February 11, 2021.
- [F5]Includes 52,885 RSUs previously reported as Common Stock in Table I but now reported in Table II.