Accession Number: | 0001209191-20-000798 |
Date: | 2020-01-01 |
Issuer: | PATTERSON UTI ENERGY INC (PTEN) |
Original Submission Date: |
HUNT TERRY H
1500 SPRING MILL LANE
VILLANOVA, PA 19085
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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COMMON STOCK, $.01 PAR VALUE PER SHARE | 2020-01-01 | A | 16,666 | a | $0.00 | 91,670 | direct | ||
COMMON STOCK, $.01 PAR VALUE PER SHARE | 2020-01-02 | S | 5,900 | d | $10.49 | 85,770 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | restricted stock units that convert into common stock on a one-for-one basis. one hundred percent (100%) of the restricted stock units vests on january 1, 2021. |
f2 | shares sold pursuant to a rule 10b5-1 sales plan whereby the reporting person committed to sell the shares on or about january 2, 2020 for the purpose of funding the reporting person's estimated cash tax liability in connection with the vesting of restricted stock units on january 1, 2020. |
f3 | weighted average price. actual sales prices ranged from $10.33 to $10.68. |