SEC Form 4 · accession 0000899243-16-032195
MAMMOTH ENERGY SERVICES, INC. · TUSK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GULFPORT ENERGY CORP
Director · 10% Owner
Period of report
Oct 19, 2016
Accepted (ET)
Oct 21, 2016 · 8:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001679268
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Oct 19, 2016 | S | 76,250 | $14.0625 | D | 9,080,417 | D | |
| Common StockF1 | holding | — | — | — | 6,667 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 19, 2016, the closing date (the "Closing Date") of the initial public offering of common stock, par value $0.01 per share (the "IPO"), of Mammoth Energy Services, Inc. (the "Issuer"). Gulfport Energy Corporation ("Gulfport"), on behalf of services of Aaron Gaydosik, a director of the Issuer, was granted 6,667 restricted stock units ("RSUs") under the Issuer's 2016 Equity Incentive Plan. 2,223 RSUs vested on the Closing Date of the IPO, and the remaining 4,444 RSUs will vest in two equal annual installments beginning on October 19, 2017. Each RSU represents a contingent right to receive one share of common stock of the Issuer. Mr. Gaydosik reported the acquisition of the RSUs on a Form 4 filed on the date hereof and indicated that these RSUs were assigned to Gulfport under the terms of his employment with Gulfport.
- F2These shares of comon stock were sold by Gulfport to the underwriters in the IPO at a price of $14.0625 per share.
- F3Of these securities, 9,073,750 shares of common stock were received by Gulfport in connection with Gulfport's contribution of its membership interests in Mammoth Energy Partners LLC to the Issuer, which was completed prior to the IPO and approved by the board of directors of the Issuer in advance.