Heidi S. Alderman - Jul 16, 2025 Form 4 Insider Report for ChampionX Corp (CHX)

Role
Director
Signature
/s/ Julia Wright , as attorney-in-fact to Heidi S Alderman
Stock symbol
CHX
Transactions as of
Jul 16, 2025
Transactions value $
$0
Form type
4
Date filed
7/16/2025, 10:18 AM
Previous filing
Nov 18, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Alderman Heidi S Director C/O CHAMPIONX CORP, 2445 TECHNOLOGY, FOREST BLVD., BLDG. 4, 12TH FLOOR, THE WOODLANDS /s/ Julia Wright , as attorney-in-fact to Heidi S Alderman 2025-07-16 0001784838

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHX Common Stock Award $0 +2.77K +11.9% $0.00 26.1K Jul 16, 2025 Direct F1
transaction CHX Common Stock Disposed to Issuer -26.1K -100% 0 Jul 16, 2025 Direct F2, F3
transaction CHX Common Stock Disposed to Issuer -1K -100% 0 Jul 16, 2025 By Spouse F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Heidi S. Alderman 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.