SEC Form 4 · accession 0000899243-17-029748
CARBO CERAMICS INC · CRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 14, 2017 | P | 134,356 | $8.57 | A | 1,384,499 | D | |
| Common StockF3,F2 | Nov 15, 2017 | P | 115,644 | $8.83 | A | 1,500,143 | D | |
| Common StockF4,F2 | Nov 21, 2017 | P | 20,000 | $9.94 | A | 1,520,143 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Option (right to buy) | $10.00 | Dec 8, 2017 | P | 2,000 | A | Dec 8, 2017 | Dec 15, 2017 | Common Stock | 200,000 | 2,000 | D |
| Call Option (right to buy) | $10.00 | Dec 15, 2017 | E | 2,000 | D | Dec 8, 2017 | Dec 15, 2017 | Common Stock | 200,000 | 0 | D |
| Put Option (obligation to buy) | $13.00 | May 31, 2017 | S | 6,275 | D | May 31, 2017 | Dec 15, 2017 | Common Stock | 627,500 | 6,275 | D |
| Put Option (obligation to buy) | $14.00 | May 31, 2017 | P | 6,275 | A | May 31, 2017 | Jun 15, 2017 | Common Stock | 627,500 | 6,275 | D |
| Put Option (obligation to buy) | $13.00 | Dec 4, 2017 | S | 6,275 | D | Dec 4, 2017 | Jun 15, 2018 | Common Stock | 627,500 | 6,275 | D |
| Put Option (obligation to buy) | $14.00 | Dec 4, 2017 | P | 6,275 | A | Dec 4, 2017 | Dec 15, 2017 | Common Stock | 627,500 | 6,275 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.41 to $8.58, inclusive.
- F2These shares of Common Stock are beneficially owned directly by Dan Wilks and Staci Wilks. This Form 4 is also filed by Wilks Brothers, LLC, which directly beneficially owns 2,294,772 shares of Common Stock. See Remarks.
- F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.54 to $8.87, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.93 to $9.97, inclusive.
Remarks
This Form 4 is also being filed by (i) Dan H. Wilks, in his capacity as a managing member of Wilks Brothers, LLC (ii) Farris Wilks, in his capacity as a managing member of Wilks Brothers, LLC and (iii) Staci Wilks. Dan H. Wilks and Staci Wilks are husband and wife and Dan H. Wilks and Farris Wilks are brothers. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. Certain of these transactions are matchable transactions under Section 16(b) of the Exchange Act. The reporting person has disgorged the full amount of recoverable profits to the Issuer.