SEC Form 4 · accession 0001104659-19-007202
Cactus, Inc. · WHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cadent Energy Partners, LLC
Director · 10% Owner
Period of report
Feb 7, 2019
Accepted (ET)
Feb 11, 2019 · 7:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001699136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 7, 2019 | M | 5,264 | — | A | 5,264 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 7, 2019 | M | 5,264 | D | — | — | Class A Common Stock | 5,264 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into Class A common stock on a one-for-one basis.
- F2On February 7, 2018, Bruce Rothstein was granted 5,264 restricted stock units, vesting on the first anniversary of the grant date.
Remarks
The derivative securities reported as being disposed of herein were granted to Bruce Rothstein who is a director on the Issuer's board of directors. Due to Mr. Rothstein's position as a managing director at Cadent Energy Partners, LLC ("Cadent"), all compensation and equity awards that he receives are directly payable or transferred to Cadent Management Services, LLC, a subsidiary of Cadent of which Mr. Rothstein is a Managing Director.