| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WTTR | Class A Common Stock | Sale | $349,289 | -26,550 | -0.91% | $13.16 | 2,898,578 | 11 Feb 2025 | By B-29 Investments, LP | F2, F3 |
| holding | WTTR | Class A Common Stock | 380,694 | 11 Feb 2025 | Direct | F1 | |||||
| holding | WTTR | Class A Common Stock | 539,388 | 11 Feb 2025 | By GRAT | F4 | |||||
| holding | WTTR | Class A Common Stock | 539,387 | 11 Feb 2025 | By GRAT | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Balance reflects the transfer of (a) 539,388 shares to the reporting person's grantor retained annuity trust and (b) 539,387 shares to the spouse of the reporting person's grantor retained annuity trust on November 13, 2024. These transfers are exempt from Section 16 pursuant to Rule 16a-13. |
| F2 | The sale reported in this Form 4 was effected pursuant to the 10b5-1 trading plan adopted by the Reporting Person on November 11, 2024. |
| F3 | This transaction was executed in multiple trades at prices ranging from $13.00 USD to $13.18 USD; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to Select Water Solutions, Inc., a Delaware corporation (the "Issuer"), any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
| F4 | Shares are held directly by the John David Schmitz 2024 Annuity Trust DTD November 13, 2024, of which the reporting person is the trustee. |
| F5 | Shares are held directly by the Sandra Lee Schmitz 2024 Annuity Trust DTD November 13, 2024, of which the reporting person is the trustee. |