Form 4 for WHD Cactus, Inc.
Accepted 2022-05-24 00:00:00 ET · period of report 2022-05-24 · accession 0001699136-22-000102 · 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 | 2022-05-24 | 2022-05-24 | WHD | Cactus WH Enterprises, LLC | 10% | J - Other | — | -20.5K | 13.64M | -0.1% | — |
| D | 2022-05-24 | 2022-05-24 | WHD | Cactus WH Enterprises, LLC | 10% | J - Other | — | -20.5K | 13.64M | -0.1% | — |
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 | 2022-05-24 | J | D | 20,457 | — | 13,637,311 | D | — | — | (F1) In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the first amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Class B Common Stock to such members. |
| 2 | Derivative | Units | 2022-05-24 | J | D | 20,457 | — | 13,637,311 | D | — · — to — | 20,457 Class A Common Stock | (F2) "Units" mean ownership interests in Cactus Wellhead, LLC ("Cactus LLC"). The Issuer is the sole managing member of Cactus LLC. (F4) In connection with certain redemptions of ownership interests in the Reporting Entity by certain of the Reporting Entity's members pursuant to the first amended and restated limited liability company agreement of the Reporting Entity, the Reporting Entity distributed Units to such members. (F3) The first amended and restated limited liability company operating agreement of Cactus LLC provides the holders of Units with certain rights to cause Cactus LLC to acquire all or at least a minimum portion of their Units for, at Cactus LLC's election, (x) 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 (y) an equivalent amount of cash. |