Charles K. Thompson - 01 Oct 2021 Form 4 Insider Report for PIONEER ENERGY SERVICES LLC (*)

Role
Director
Signature
Kurt Forkheim, Attorney-in-fact for Charles K. Thompson
Issuer symbol
*
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
04 Oct 2021, 21:03:27 UTC
Previous filing
19 Jul 2021
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction * Common Stock Disposed to Issuer -40,417 -100% 0 01 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Charles K. Thompson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to that certain agreement and plan of merger (the "Merger Agreement") by and between Pioneer Energy Services Corp., Patterson-UTI Energy, Inc. ("Patterson-UTI"), Crescent Merger Sub Inc. and Crescent Ranch Second Merger Sub LLC in exchange for 75,547 shares of Patterson-UTI common stock having a market value of $9.44 per share at the closing of the transactions contemplated by the Merger Agreement.

Remarks:

* The Company is not currently listed on any exchange or on the OTC market and therefore does not have a symbol.