Keefer McGovern Lehner - Jul 28, 2020 Form 4 Insider Report for KLX Energy Services Holdings, Inc. (KLXE)

Role
Officer
Signature
/s/ Max L. Bouthillette, attorney-in-fact
Stock symbol
KLXE
Transactions as of
Jul 28, 2020
Transactions value $
-$91,961
Form type
4
Date filed
4/18/2022, 04:40 PM
Next filing
Aug 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLXE Common stock Options Exercise +5.23K +6.37% 87.3K Feb 9, 2021 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer -$65.2K -5.23K -5.99% $12.47 82.1K Feb 9, 2021 Direct F3
transaction KLXE Common stock Options Exercise +5.23K +6.37% 87.3K Feb 9, 2022 Direct F1, F3
transaction KLXE Common stock Disposed to Issuer -$26.8K -5.23K -5.99% $5.12 82.1K Feb 9, 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KLXE RSU (cash-settled) Award $0 +14.2K $0.00 14.2K Jul 28, 2020 Common stock 14.2K Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -5.23K -36.89% $0.00 8.94K Feb 9, 2021 Common stock 5.23K Direct F1, F2
transaction KLXE RSU (cash-settled) Options Exercise $0 -5.23K -58.45% $0.00 3.72K Feb 9, 2022 Common stock 5.23K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU (cash-settled) represents the economic equivalent of one share of common stock, settleable solely in cash.
F2 The RSUs (cash-settled) vested or will vest on the following schedule: 5,228 units on 2/9/2021, 5,228 units on 2/9/22, and 3,716 units on 2/9/23.
F3 The Column 5 tally is based on the number of shares reported as beneficially owned in the reporting person's most recently filed Form 4.

Remarks:

Executive Vice President and Chief Financial Officer This Form 4 is being filed solely to report certain settled or outstanding legacy cash-settled RSUs that were converted in connection with the Company's 2020 acquisition of Quintana Energy Services, Inc.