4//SEC Filing
Broussard Joel 4
Accession 0001209191-22-031218
CIK 0001670349other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 9:00 PM ET
Size
10.5 KB
Accession
0001209191-22-031218
Insider Transaction Report
Form 4
Broussard Joel
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Class A Common Stock
2022-05-20−61,400→ 559,113 total - Award
Deferred Stock Units
2021-05-14+1,026,513→ 2,328,046 total→ Class A Common Stock (1,026,513 underlying) - Award
Deferred Stock Units
2021-08-16+71,826→ 2,240,853 total→ Class A Common Stock (71,826 underlying)
Footnotes (4)
- [F1]The restricted stock was forfeited pursuant to a Forfeiture Agreement entered into by and between the Issuer and the Reporting Person.
- [F2]Each Deferred Stock Unit represents a contingent right to receive one share of the Issuer's Class A common stock, par value $0.0001 per share (the "Common Stock").
- [F3]The shares of Common Stock issuable with respect to vested Deferred Stock Units shall be issued in a lump sum on the earlier of the following dates and otherwise only as follows: (a) The 60th day after a termination of the Reporting Persons Continuous Service; (b) The consummation of a Change in Control (with such issuance deemed to occur as of immediately prior to such Change in Control to the extent permitted under Code Section 409A, but with the timing of such issuance otherwise determined by the Company); and (c) Upon the fifth (5th) anniversary of the Grant Date. Defined terms used but not defined herein shall have the meaning ascribed to such term in the Deferred Stock Unit Award Agreement.
- [F4]Reduced by 159,019 stock options forfeited for no consideration in May 2022.
Documents
Issuer
U.S. WELL SERVICES, INC.
CIK 0001670349
Entity typeother
Related Parties
1- filerCIK 0001754320
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 9:00 PM ET
- Size
- 10.5 KB