Kenneth N. Berns - May 1, 2025 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
Stock symbol
PTEN
Transactions as of
May 1, 2025
Transactions value $
$0
Form type
4
Date filed
5/5/2025, 04:23 PM
Previous filing
May 13, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BERNS KENNETH N Executive Vice President 1801 CENTURY PARK EAST, SUITE 1111, LOS ANGELES By Forrest Robinson pursuant to a Limited Power of Attorney filed with the SEC on 3/29/2013 /s/ Forrest Robinson 2025-05-05 0001238210

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTEN Common Stock Award $0 +84.7K +8.94% $0.00 1.03M May 1, 2025 Direct F1
holding PTEN Common Stock 34K May 1, 2025 By Trust(s) F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTEN Cash-Settled Restricted Stock Units Award +60.1K 60.1K May 1, 2025 Common Stock 60.1K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units that convert into shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), on a one-for-one basis. One-third of the restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.
F2 Held by trust(s) for which the reporting person is the trustee.
F3 Each cash-settled restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Common Stock on the applicable vesting date. One-third of the cash-settled restricted stock units vests on each of May 1, 2026, May 1, 2027 and May 1, 2028.