Hendricks William Andrew JR 4
4 · PATTERSON UTI ENERGY INC · Filed May 5, 2025
Insider Transaction Report
Form 4
Hendricks William Andrew JR
Chief Operating Officer
Transactions
- Award
Cash-Settled Restricted Stock Units
2025-05-01+292,000→ 292,000 total→ Common Stock (292,000 underlying) - Award
Common Stock
2025-05-01+411,600→ 2,894,192 total
Footnotes (2)
- [F1]Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.
- [F2]Each cash-settled restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Common Stock on the applicable vesting date. One-third of the cash-settled restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.