4//SEC Filing
Wilks Johnathan Ladd 4
Accession 0001415889-25-009417
CIK 0001881487other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 5:30 PM ET
Size
15.3 KB
Accession
0001415889-25-009417
Insider Transaction Report
Form 4
Wilks Johnathan Ladd
Chief Executive Officer
Transactions
- Award
Class A common stock, par value $0.01 per share
2025-03-28+85,603→ 269,869 total - Disposition to Issuer
Class A common stock, par value $0.01 per share
2025-03-31$7.59/sh−7,673$58,238→ 233,410 total - Disposition to Issuer
Class A common stock, par value $0.01 per share
2025-03-28$7.71/sh−19,427$149,782→ 243,553 total - Tax Payment
Class A common stock, par value $0.01 per share
2025-03-28−6,889→ 262,980 total - Tax Payment
Class A common stock, par value $0.01 per share
2025-03-31−2,470→ 241,083 total
Holdings
- 1,220,978(indirect: By Partnership)
Class A common stock, par value $0.01 per share
- 1,000
Series A redeemable convertible preferred stock
Exercise: $20.00From: 2024-09-29→ Class A common stock, par value $0.01 per share (55,204 underlying)
Footnotes (7)
- [F1]Reflects restricted stock units granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.01 per share, and will vest in three equal annual installments beginning in March 2026.
- [F2]Represents shares withheld to satisfy withholding taxes applicable upon vesting of the March 28, 2024 grant of restricted stock units under the 2022 Long Term Incentive Plan.
- [F3]Reflects the disposal of restricted stock units granted to the reporting person on March 28, 2024, which vested on March 28, 2025 and were settled with the reporting person in cash.
- [F4]Represents shares withheld to satisfy withholding taxes applicable upon vesting of the March 31, 2023 grant of restricted stock units under the 2022 Long Term Incentive Plan.
- [F5]Reflects the disposal of restricted stock units granted to the reporting person on March 31, 2023, which vested on March 31, 2025 and were settled with the reporting person in cash.
- [F6]KWELL Holdings, LP ("KHLP"), a Texas limited partnership, directly holds these securities. KWELL Group, LLC ("KWELL Group"), a Texas limited liability company, as General Partner of KHLP, has exclusive voting and investment control over the shares of Class A common stock held by KHLP, and therefore may be deemed to beneficially own such shares. Ladd Wilks, as manager of KWELL Group, may exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by KHLP. The Reporting Person disclaims beneficial ownership of all equity securities being reported herein except to the extent of his pecuniary interest therein.
- [F7]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.
Documents
Issuer
ProFrac Holding Corp.
CIK 0001881487
Entity typeother
Related Parties
1- filerCIK 0001641790
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 5:30 PM ET
- Size
- 15.3 KB