James K. Brata - 16 Aug 2022 Form 4 Insider Report for DAWSON GEOPHYSICAL CO (DWSN)

Role
EVP, Chief Financial Officer
Signature
James K. Brata
Issuer symbol
DWSN
Transactions as of
16 Aug 2022
Net transactions value
-$43,750
Form type
4
Filing time
18 Aug 2022, 10:40:30 UTC
Previous filing
20 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DWSN Dawson Geophysical Company-Common Stock $0.01 par value Disposed to Issuer $43,750 -25,000 -100% $1.75 0 16 Aug 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 25,000 restricted stock units, which may be settled solely in cash ("cash-settled RSUs"). Each cash-settled RSU is the economic equivalent of one share of Common Stock of the Issuer.
F2 Dawson Geophysical Company and the Reporting Person entered into a mutual agreement for the cash settlement of all vested cash-settled RSUs held by the Reporting Person as of the Transaction Date. Following the Transaction, the Reporting Person holds zero (0) shares of Dawson Geophysical Company Common Stock and zero (0) Dawson Geophysical Company restricted stock units.