Daniel Wayne Rabun - 16 Jul 2025 Form 4 Insider Report for ChampionX Corp (CHX)

Role
Director
Signature
/s/ Julia Wright, as attorney-in-fact to Daniel Wayne Rabun
Issuer symbol
CHX
Transactions as of
16 Jul 2025
Net transactions value
$0
Form type
4
Filing time
16 Jul 2025, 09:54:01 UTC
Previous filing
18 Nov 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Rabun Daniel Wayne Director C/O CHAMPIONX CORP, 2445 TECHNOLOGY, FOREST BLVD., BLDG. 4, 12TH FLOOR, THE WOODLANDS /s/ Julia Wright, as attorney-in-fact to Daniel Wayne Rabun 16 Jul 2025 0001354803

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHX Common Stock Award $0 +2,771 +7.6% $0.000000 39,221 16 Jul 2025 Direct F1
transaction CHX Common Stock Disposed to Issuer -39,221 -100% 0 16 Jul 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daniel Wayne Rabun is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As contemplated by the Issuer's Amended and Restated 2018 Equity and Cash Incentive Plan and the Merger Agreement (as defined below), the Issuer issued to the Reporting Person shares of common stock of the Issuer ("Common Stock").
F2 Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 2, 2024, by and among the Issuer, Schlumberger Limited ("SLB"), Sodium Holdco, Inc. and Sodium Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of SLB (the "Merger").
F3 Pursuant to the Merger Agreement, among other things, (i) each outstanding share of Common Stock prior to the effective time of the Merger (the "Effective Time") was cancelled and converted into the right to receive 0.735 shares of SLB common stock ("SLB Common Stock" and such ratio, the "Exchange Ratio") and if applicable, cash in lieu of fractional shares and (ii) each deferred stock unit of the Issuer outstanding immediately prior to the Effective Time (a "DSU") was cancelled and converted into the right to receive a number of shares of SLB Common Stock equal to the product of (A) the number of shares of Common Stock underlying the DSU multiplied by (B) the Exchange Ratio, rounded down to the nearest whole share.