Smith Jeffrey Donald 4
4 · ProPetro Holding Corp. · Filed Feb 13, 2020
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2020-02-11$9.57/sh−8,148$77,976→ 85,824 total - Exercise/Conversion
Performance Stock Units
2020-02-11−27,214→ 58,314 total→ Common Stock (27,214 underlying) - Award
Restricted Stock Units
2020-02-11+31,347→ 89,099 total→ Common Stock (31,347 underlying) - Exercise/Conversion
Common Stock
2020-02-11+27,214→ 93,972 total
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 57,752 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 57,752 RSUs previously reported as Common Stock in Table I but now reported in Table II.