KENNETH N. BERNS - 09 May 2024 Form 4 Insider Report for PATTERSON UTI ENERGY INC (PTEN)

Role
Executive Vice President
Signature
By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Forrest Robinson
Issuer symbol
PTEN
Transactions as of
09 May 2024
Transactions value $
-$689,052
Form type
4
Filing time
13 May 2024, 16:09:34 UTC
Previous filing
07 May 2024
Next filing
05 May 2025
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 Award $0 +122K +15.03% $0.00 932K 09 May 2024 Direct F1
transaction PTEN Common Stock, $.01 par value per share Tax liability -$689K -61.7K -6.62% $11.16 871K 09 May 2024 Direct F2
transaction PTEN Common Stock, $.01 par value per share Award $0 +76.8K +8.82% $0.00 947K 09 May 2024 Direct F3
holding PTEN Common Stock, $.01 par value per share 34K 09 May 2024 By Trust(s) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares received in settlement of the 2021 Performance Unit grant.
F2 Shares disposed to pay applicable withholding taxes on shares received from the 2021 Performance Unit grant.
F3 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 May 9, 2025, May 9, 2026 and May 9, 2027.
F4 Held by trust(s) for which the reporting person is the trustee.