Form 4 for LBRT Liberty Energy Inc.
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-22 · accession 0001209191-21-066878 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-24 | 2021-11-22 | LBRT | Gusek Ron | Pres | J - Other | — | +6,238 | 7,068 | +752% | — |
| D | 2021-11-24 | 2021-11-22 | LBRT | Gusek Ron | Pres | J - Other | — | +6,238 | 7,068 | +752% | — |
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 | 2021-11-22 | J | A | 6,238 | — | 7,068 | D | — | — | (F1) The Reporting Person received these securities on November 22, 2021 in connection with a distribution by Big Box Proppant Investments LLC to its members. |
| 2 | Derivative | Units | 2021-11-22 | J | A | 6,238 | — | 7,068 | D | — · — to — | 6,238 Class A Common Stock | (F1) The Reporting Person received these securities on November 22, 2021 in connection with a distribution by Big Box Proppant Investments LLC to its members. (F2) "Units" means ownership interests in Liberty Oilfield Services New HoldCo LLC ("Liberty LLC"). The Issuer is sole managing member of Liberty LLC (F3) The limited liability company agreement of Liberty LLC provides certain holders of Units with certain rights to cause Liberty LLC to acquire all or a portion of the Units (the "Redemption Right") for, at Liberty LLC's election, (a) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (b) an equivalent amount of cash based on the 30-day volume weighted average price of Class A Common Stock ending on the trading day that is immediately prior to the date that the Redemption Right is exercised. The Units and the right to exercise the Redemption Right have no expiration date. |