SEC Form 4 · accession 0000928054-18-000027
FLOTEK INDUSTRIES INC/CN/ · FTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua A Snively
Officer — EVP Operations
Period of report
Mar 16, 2018
Accepted (ET)
Mar 20, 2018 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 16, 2018 | A | 75,000 | $6.13 | A | 134,881 | D | |
| Common StockF2 | Mar 16, 2018 | A | 49,000 | $6.13 | A | 183,881 | D | |
| Common StockF3 | holding | — | — | — | 132,503 | I | By Joshua A. Snively, Sr. and Heather B. Snively Revocable Trust | |
| Common StockF4 | holding | — | — | — | 128,916 | I | By Joshua A. Snively, Sr. Irrevocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award grant of 75,000 shares at $6.13 per share which vest ratably on December 31, 2018, 2019, and 2020.
- F2Acquisition of 49,000 shares from the 2018 Performance Bonus Plan at the closing price of $6.13 per share.
- F3Mr. Snively is a trustee and beneficiary of the named trusts. Mr. Snively disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4Mr. Snively, Sr.'s spouse is a trustee and beneficiary of the named trust. Mr. Snively, Sr. disclaims beneficial ownership of such shares except to the extent of his pecuniary interests therein.