SEC Form 4 · accession 0001104659-19-014664
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
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 8:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001699136
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Mar 11, 2019 | A | 2,675 | A | — | — | Class A Common Stock | 2,675 | 2,675 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- F2The restricted stock units vest in three equal annual installments beginning on the first anniversary of the award date. Vested shares will be delivered to the reporting person within 60 days of the vesting date.
Remarks
The derivative securities reported 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.