SEC Form 4 · accession 0001209191-18-026255
PATTERSON UTI ENERGY INC · PTEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Andrew Hendricks Jr.
Officer — President & CEO · Director
Period of report
Apr 24, 2018
Accepted (ET)
Apr 26, 2018 · 5:00 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 | Apr 24, 2018 | A | 249,500 | $0.00 | A | 895,350 | D | |
| Common Stock, $.01 par value per shareF2 | Apr 24, 2018 | A | 127,200 | $0.00 | A | 1,022,550 | D | |
| Common Stock, $.01 par value per shareF3 | Apr 24, 2018 | F | 50,054 | $19.64 | D | 972,496 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units that convert into common stock on a one-for-one basis. One-third of the restricted stock units vests on April 24, 2019 and the remainder vests in equal monthly installments over the twenty-four months following April 24, 2019.
- F2Shares received in settlement of the 2015 Performance Unit grant.
- F3Shares disposed to pay applicable withholding taxes on shares received from 2015 Performance Unit grant.