4//SEC Filing
BEAL FINANCIAL CORP 4
Accession 0001213900-21-025959
CIK 0001670349operating
Filed
May 12, 8:00 PM ET
Accepted
May 13, 9:24 AM ET
Size
18.3 KB
Accession
0001213900-21-025959
Insider Transaction Report
Form 4
BEAL FINANCIAL CORP
10% Owner
Transactions
- Other
Class A Common Stock
2021-05-12+3,760,143→ 3,760,143 total(indirect: See Footnote) - Other
Class A Common Stock
2021-05-12+1,769,479→ 1,769,479 total(indirect: See Footnote)
Beal Daniel Andrew
10% Owner
Transactions
- Other
Class A Common Stock
2021-05-12+1,769,479→ 1,769,479 total(indirect: See Footnote) - Other
Class A Common Stock
2021-05-12+3,760,143→ 3,760,143 total(indirect: See Footnote)
Footnotes (2)
- [F1]This Form 4 is jointly filed by Beal Financial Corporation ("BFC") and D. Andrew Beal (each a "Reporting Person" and together, the "Reporting Persons"). LNV Corporation ("LNV"), a direct wholly-owned subsidiary of Beal Bank USA, which is a direct wholly-owned subsidiary of BFC, transferred 3,760,143 shares of Class A Common Stock of U.S. Well Services, Inc. (the "Issuer," and such stock, "Class A Common Stock") to CXA-10 Corporation dba CSG Investment Finance, Inc. ("CXA") at a transfer price equal to $0.74 per share of Class A Common Stock. LPP Mortgage, Inc. ("LPP"), a direct wholly-owned subsidiary of Beal Bank, SSB, which is a direct wholly-owned subsidiary of BFC, transferred 1,769,479 shares of Class A Common Stock to CXA at a transfer price equal to $0.74 per share of Class A Common Stock. CXA is a direct wholly-owned subsidiary of LNV.
- [F2]D. Andrew Beal controls BFC through ownership of 100% of the common stock of BFC. Therefore, each of D. Andrew Beal and BFC may be deemed to have indirect beneficial ownership of the securities of the Issuer directly held by CXA. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of such Reporting Person's respective pecuniary interest therein.
Issuer
U.S. WELL SERVICES, INC.
CIK 0001670349
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0000946482
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 9:24 AM ET
- Size
- 18.3 KB