Jeffrey J. Bird - Oct 28, 2021 Form 4 Insider Report for DRIL-QUIP INC (DRQ)

Role
President & COO
Signature
/s/ James C. Webster Attorney-in-fact
Stock symbol
DRQ
Transactions as of
Oct 28, 2021
Transactions value $
-$396,052
Form type
4
Date filed
11/1/2021, 09:35 AM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRQ Common Stock Award $0 +42.5K +55.95% $0.00 118K Oct 28, 2021 Direct
transaction DRQ Common Stock Award $0 +10.4K +8.82% $0.00 129K Oct 28, 2021 Direct F1
transaction DRQ Common Stock Sale -$393K -17.2K -13.36% $22.82 112K Oct 29, 2021 Direct F2, F3
transaction DRQ Common Stock Sale -$3.18K -136 -0.12% $23.40 111K Oct 29, 2021 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares vested pursuant to the terms of performance unit awards granted on October 28, 2018.
F2 Sales to cover tax obligations on vested restricted stock and performance unit awards pursuant to a Rule 10b5-1 sales plan adopted on May 19, 2021.
F3 The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.28 to $23.37 inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F4 The price in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.38 to $23.41 inclusive. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.