Cactus WH Enterprises, LLC 4
4 · Cactus, Inc. · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Cactus, Inc.WHD
Cactus WH Enterprises, LLC
10% Owner
Transactions
- Other
Units
2025-04-03−8,183→ 10,092,246 total→ Class A Common Stock (8,183 underlying) - Other
Class B Common Stock
2025-04-03−8,183→ 10,092,246 total
Footnotes (4)
- [F1]In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company operating agreement of the Reporting Entity, the Reporting Entity distributed Class B Common Stock to such members.
- [F2]"Units" mean ownership interests in Cactus Companies, LLC ("Cactus Companies"). The Issuer is the sole managing member of Cactus Companies.
- [F3]The amended and restated limited liability company operating agreement of Cactus Companies provides the holders of Units with certain rights to cause Cactus Companies to acquire all or at least a minimum portion of their Units for, at Cactus Companies election, (x) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an equivalent amount of cash.
- [F4]In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Units to such members.