KENNETH N. BERNS - 27 Apr 2022 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role
Executive Vice President
Signature
By Barry Huntsman pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Barry Huntsman
Issuer symbol
PTEN
Transactions as of
27 Apr 2022
Transactions value $
-$350,023
Form type
4
Filing time
29 Apr 2022, 19:31:01 UTC
Previous filing
26 Apr 2022
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTEN Common Stock, $.01 par value per share Tax liability -$350K -22K -2.15% $15.90 1M 27 Apr 2022 Direct F1
transaction PTEN Common Stock, $.01 par value per share Award $0 +59.6K +5.95% $0.00 1.06M 29 Apr 2022 Direct F2
holding PTEN Common Stock, $.01 par value per share 70K 27 Apr 2022 By Trust(s) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares disposed to pay applicable withholding taxes on Restricted stock units converted into common stock on April 27, 2022.
F2 Restricted stock units that convert into common stock on a one-for-one basis. One-third of the restricted stock units vests on each of April 29, 2023, April 29, 2024 and April 29, 2025.
F3 Held by trust(s) for which the reporting person is the trustee.