SIEGEL MARK S 4
4 · PATTERSON UTI ENERGY INC · Filed Apr 30, 2019
Insider Transaction Report
Form 4
SIEGEL MARK S
DirectorChairman of the Board
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2019-04-26$13.17/sh+350,000$4,609,500→ 1,792,065 total - Tax Payment
Common Stock, $.01 par value per share
2019-04-26$14.28/sh−336,283$4,802,121→ 1,455,782 total - Exercise/Conversion
Stock Option (Right to Buy)
2019-04-26−350,000→ 0 totalExercise: $13.17From: 2012-04-28Exp: 2019-04-27→ Common Stock, $.01 par value per share (350,000 underlying)
Holdings
- 83,400(indirect: By Trust)
Common Stock, $.01 par value per share
- 605,000(indirect: See Footnote)
Common Stock, $.01 par value per share
Footnotes (4)
- [F1]Acquired upon exercise of option that would have expired April 27, 2019. Net exercise effected pursuant to a Rule 10b5-1 Sales Plan that provides for an automatic net exercise on the regular market trading date immediately preceding the expiration date for the option.
- [F2]Shares disposed to pay exercise price and applicable withholding taxes related to option exercised on April 26, 2019.
- [F3]Held by trust(s) for which the reporting person is the trustee.
- [F4]Shares owned by Remy Capital Partners III, L.P. Mr. Siegel is the sole stockholder of the general partner of Remy Capital Partners III, L.P.