Phillip A. Gobe - Mar 31, 2022 Form 4 Insider Report for ProPetro Holding Corp. (PUMP)

Role
Executive Chairman, Director
Signature
/s/ Newton W. Wilson III, as attorney-in-fact for Phillip A. Gobe
Stock symbol
PUMP
Transactions as of
Mar 31, 2022
Transactions value $
-$1,098,907
Form type
4
Date filed
4/4/2022, 05:01 PM
Previous filing
Mar 25, 2022
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PUMP Common Stock Options Exercise +199K +121.52% 362K Mar 31, 2022 Direct F1, F2
transaction PUMP Common Stock Tax liability -$1.1M -78.2K -21.59% $14.05 284K Mar 31, 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 PUMP Restricted Stock Units Options Exercise $0 -199K -100% $0.00* 0 Mar 31, 2022 Common Stock 199K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs"). All outstanding RSUs held by the reporting person vested on March 31, 2022 pursuant to the terms of the Resignation from Employment agreement by and between the reporting person and the Issuer (the "Resignation Agreement").
F2 Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F3 Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
F4 On March 31, 2022, the reporting person and the Issuer entered into the Resignation Agreement pursuant to which all outstanding RSUs held by the reporting person became vested as of such date.