Broussard Joel 4
4 · U.S. WELL SERVICES, INC. · Filed Nov 14, 2018
Insider Transaction Report
Form 4
Broussard Joel
DirectorPresident and CEO
Transactions
- Award
Class A Common Stock
2018-11-09+650,000→ 650,000 total - Award
Class A Common Stock
2018-11-09+214,900→ 864,900 total
Footnotes (2)
- [F1]In connection with the closing ("Closing") of the initial business combination of U.S. Well Services, Inc. (formerly Matlin & Partners Acquisition Corporation) (the "Issuer"), the Issuer issued 650,000 shares of the Issuer's Class A Common Stock to Joel Broussard at Closing, in satisfaction of a portion of a "change in control" bonus Mr. Broussard is entitled to receive at Closing under his existing employment agreement with USWS Holdings LLC and an employment agreement entered into by him with the Company effective at Closing.
- [F2]Represents a grant of restricted stock Joel Broussard received from the Issuer.