BERNS KENNETH N 4
4 · PATTERSON UTI ENERGY INC · Filed May 5, 2025
Insider Transaction Report
Form 4
BERNS KENNETH N
DirectorSenior Vice President
Transactions
- Award
Common Stock
2025-05-01+84,700→ 1,032,020 total - Award
Cash-Settled Restricted Stock Units
2025-05-01+60,100→ 60,100 total→ Common Stock (60,100 underlying)
Holdings
- 34,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [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]Held by trust(s) for which the reporting person is the trustee.
- [F3]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.