Michael L. Klofas - Jan 18, 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Role
Director
Signature
Michael L Klofas
Stock symbol
DWSN
Transactions as of
Jan 18, 2022
Transactions value $
-$92,783
Form type
4
Date filed
1/20/2022, 12:47 PM
Previous filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DWSN Dawson Geophysical Company-Common Stock $0.01 par value Disposed to Issuer -$92.8K -39.7K -100% $2.34 0 Jan 18, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael L. Klofas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger dated as of October 25, 2021, by and among Issuer, Wilks Brothers, LLC and its subsidiary, WB Acquisitions, Inc. ("Merger Sub"), Merger Sub launched a tender offer for all of the outstanding shares of common stock of Issuer at a price of $2.34 per share in cash. Mr. Klofas tendered shares pursuant to the offer, and on January 18, 2022, Merger Sub consummated the offer and purchased all shares duly tendered.