Sivasankaran Somasundaram - 16 Feb 2022 Form 4 Insider Report for ChampionX Corp (CHX)

Role: President & CEO, Director
Signature: /s/ Julia Wright, as attorney-in-fact
Issuer symbol: CHX
Transactions as of: 16 Feb 2022
Net transactions value: -$214,313
Form type: 4
Filing time: 18 Feb 2022, 17:25:32 UTC
Previous filing: 07 Jul 2021
Next filing: 23 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHX	Common Stock	Award	$0	+40,402	+12%	$0.000000	377,979	16 Feb 2022	Direct	F1
transaction	CHX	Common Stock	Tax liability	$214,313	-9,858	-2.6%	$21.74	368,121	16 Feb 2022	Direct
transaction	CHX	Common Stock	Award	$0	+121,654	+33%	$0.000000	489,775	17 Feb 2022	Direct
holding	CHX	Common Stock						12,967	16 Feb 2022	By Limited Partnership

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents settlement of a performance share award based on (i) the company's relative total shareholder return calculated using the 20-trading day average stock price ending December 31, 2018 compared to the 20-trading day average stock price ending December 31, 2021, and (ii) return on invested capital, deemed to be met at target due to the acquisition of ChampionX Holding Inc. during the performance period.

Content

Represents settlement of a performance share award based on (i) the company's relative total shareholder return calculated using the 20-trading day average stock price ending December 31, 2018 compared to the 20-trading day average stock price ending December 31, 2021, and (ii) return on invested capital, deemed to be met at target due to the acquisition of ChampionX Holding Inc. during the performance period.