4//SEC Filing
Wilks Johnathan Ladd 4
Accession 0001415889-25-007792
CIK 0001881487other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:15 PM ET
Size
6.8 KB
Accession
0001415889-25-007792
Insider Transaction Report
Form 4
Wilks Johnathan Ladd
Chief Executive Officer
Transactions
- Purchase
Series A redeemable convertible preferred stock
2025-03-10$1000.00/sh+1,000$1,000,000→ 1,000 totalExercise: $20.00From: 2024-09-29→ Class A common stock, par value $0.01 per share (55,204 underlying)
Footnotes (3)
- [F1]The Conversion Price may be adjusted from time to time in accordance with the Certificate of Designation of Series A Redeemable Convertible Preferred Stock, Exh. 3.1 to the Issuer's Form 8-K filed on October 2, 2023 ("CoD").
- [F2]Issuer's Series A convertible preferred stock has no expiration date as it is not redeemable at the option of holder and does not automatically convert into common stock on a specified date.
- [F3]In accordance with the CoD, following the first anniversary of the Issuance Date, each holder of Series A redeemable convertible preferred stock shall have the option from time to time to convert all or a portion of holder's shares of Series A redeemable convertible preferred stock into Class A common stock, par value $0.01 per share, at a Conversion Ratio equal to the quotient of (i) the Liquidation Preference as of the date of the conversion, which initially shall equal the original issue price per share of $1,000.00 and subsequently be adjusted as the result of any PIK Accrual and as otherwise set forth in the CoD, and (ii) the then applicable Conversion Price. The amount of underlying securities reported has been determined utilizing the Conversion Ratio calculated as of the transaction date.
Documents
Issuer
ProFrac Holding Corp.
CIK 0001881487
Entity typeother
Related Parties
1- filerCIK 0001641790
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:15 PM ET
- Size
- 6.8 KB