Form 4 for RNGR Ranger Energy Services, Inc.
Accepted 2024-11-04 00:00:00 ET · period of report 2021-10-01 · accession 0000950170-24-120882 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-04 | 2021-10-01 | RNGR | Bayou Well Holdings Company, LLC | 10% | C - Cnv Deriv | $0.00 | 0 | 450.0K | New | $0 |
| D | 2024-11-04 | 2021-10-01 | RNGR | Bayou Well Holdings Company, LLC | 10% | C - Cnv Deriv | $0.00 | -450.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2021-10-01 | C | D | 450,000 | $0.00 | 0 | D | — | — | (F1) Pursuant to the terms of the TRA Termination Agreement (as defined in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021) and the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC" and the "Ranger LLC Agreement"), units issued by Ranger LLC ("Ranger Units"), together with an equal number of shares of Class B Common Stock of the Issuer ("Class B Common Stock") which were cancelled for no consideration, were exchanged, on a one-for-one basis, for shares of Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2021-10-01 | C | A | 450,000 | $0.00 | 450,000 | D | — | — | (F1) Pursuant to the terms of the TRA Termination Agreement (as defined in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021) and the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC" and the "Ranger LLC Agreement"), units issued by Ranger LLC ("Ranger Units"), together with an equal number of shares of Class B Common Stock of the Issuer ("Class B Common Stock") which were cancelled for no consideration, were exchanged, on a one-for-one basis, for shares of Class A Common Stock. |
| 3 | Derivative | Units of RNGR Energy Services, LLC | 2021-10-01 | C | D | 450,000 | $0.00 | 0 | D | $0.00 · — to — | 450,000 Class A Common Stock | (F3) Subject to the terms of the Ranger LLC Agreement, Ranger Units are exchangeable from time to time (upon surrender for no consideration of an equal number of shares of the Class B Common Stock) for shares of Class A Common Stock. Each of Ranger LLC and the Issuer has the option to deliver cash in lieu of shares of Class A Common Stock upon the exercise of such exchange rights, subject to certain reclassification and retraction rights, as applicable. Shares of Class B Common Stock do not represent any economic interest in the Issuer, but each share of Class B Common Stock entitles its holder to one vote on all matters to be voted on by stockholders generally. (F1) Pursuant to the terms of the TRA Termination Agreement (as defined in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021) and the Amended and Restated Limited Liability Company Agreement of RNGR Energy Services, LLC ("Ranger LLC" and the "Ranger LLC Agreement"), units issued by Ranger LLC ("Ranger Units"), together with an equal number of shares of Class B Common Stock of the Issuer ("Class B Common Stock") which were cancelled for no consideration, were exchanged, on a one-for-one basis, for shares of Class A Common Stock. |