Smith Charles Andrew 4
4 · PATTERSON UTI ENERGY INC · Filed May 5, 2025
Insider Transaction Report
Form 4
Smith Charles Andrew
EVP & Chief Financial Officer
Transactions
- Award
Common Stock
2025-05-01+101,700→ 720,214 total - Tax Payment
Common Stock
2025-05-05$6.03/sh−11,943$72,016→ 708,271 total - Award
Cash-Settled Restricted Stock Units
2025-05-01+72,100→ 72,100 total→ Common Stock (72,100 underlying)
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]Shares disposed to pay applicable withholding taxes on Restricted Stock Units converted into Common Stock on May 5, 2025.
- [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.