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Wilks Dan H.'s Form 4 filing

U.S. Well Services Holdings, LLC (USWS) · filed May 3, 2022

Accession no.
0000899243-22-016479
Filed
May 3, 2022, 8:52 PM ET
Trade date
Apr 29, 2022
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 4 derivative transactions. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Wilks Dan H.CIK 000164179210% Owner
Wilks StaciCIK 000164179610% Owner
THRC Holdings, LPCIK 000175415910% Owner
THRC Management, LLCCIK 000183445010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

This filing has no transactions of this kind.

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Apr 29, 2022Class A Common StockPPurchaseAcquired+4,903,925$21,523,327.20F6+$461,775,929,729,343.821,454,672.2DirectPrice outlier
Apr 29, 2022Class A Common StockPPurchaseAcquired+3,064,953$21,523,327.20F6+$461,775,929,729,343.821,454,672.2DirectPrice outlier
Apr 29, 2022Class A Common StockPPurchaseAcquired+317,004$1,245.66F6+$6,474,940.685,198Direct
Apr 29, 2022Class A Common StockPPurchaseAcquired+761,905–F10–2,666,669Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F6

This price includes the payment for partially accrued in-kind interest or dividends.

Referenced by the price of 3 transactions in Table II.

F10

On April 29, 2022, Holdings purchased (i) 5,198 shares of the Issuer's Series A Redeemable Convertible Preferred Stock, par value $0.0001 per share ("Series A Preferred Stock"), which are convertible into shares of Class A Common Stock and (ii) 2,666,669 warrants (the "Purchased Warrants") exercisable for 761,905 shares of Class A Common Stock, for an aggregate purchase price equal to 85% of the liquidation preference of the Series A Preferred Stock, as adjusted pursuant to its terms, as of April 29, 2022.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)