SEC Form 4 · accession 0001209191-16-127047
PATTERSON UTI ENERGY INC · PTEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth David Wexler
Officer — GENERAL COUNSEL AND SECRETARY
Period of report
Jun 9, 2016
Accepted (ET)
Jun 10, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000889900
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per shareF1 | Jun 9, 2016 | F | 9,418 | $21.56 | D | 148,362 | D | |
| Common Stock, $.01 par value per shareF2 | Jun 9, 2016 | A | 41,000 | $0.00 | A | 189,362 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Wexler surrendered 9,418 shares of stock to the issuer to satisfy payroll tax withholding obligations that arose from the vesting of 34,433 shares of restricted stock on June 9, 2016.
- F2One-third of the shares vest on each of June 9, 2017, June 9, 2018 and June 9, 2019.