UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
ProFrac Holdings, LLC Units | (4) | (4) | Class A common stock, par value $0.01 | 47,508,329 | $ (4) | D (1) (2) (3) (4) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Farris & Jo Ann Wilks 2022 Family Trust 17018 INTERSTATE 20 CISCO, TX 76437 |
X | X | Director by Deputization | |
Wilks Farris 17018 INTERSTATE 20 CISCO, TX 76437 |
X | X | Director by Deputization | |
Wilks Jo Ann 17018 INTERSTATE 20 CISCO, TX 76437 |
X | X | Director by Deputization |
/s/ Lance Turner, Attorney-in-Fact | 05/13/2022 | |
**Signature of Reporting Person | Date | |
/s/ Lance Turner, Attorney-in-Fact | 05/13/2022 | |
**Signature of Reporting Person | Date | |
/s/ Lance Turner, Attorney-in-Fact | 05/13/2022 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Reporting Person owns an indeterminate number of the reported securities which will be determined based on an appraisal. If as a result of such appraisal it is determined that the Reporting Person owns a different number of the Reported Securities than reported in this Form 3, the Reporting Person intends to amend this Form 3 to reflect its ownership of such lesser number of the reported securities. |
(2) | Farris and Jo Ann Wilks 2022 Family Trust, a Texas irrevocable trust, directly holds the securities of the Issuer. Farris Wilks serves as a trustee of such trust and, in such capacity has voting and dispository power over the shares of Class A common stock owned by such trust, and therefore may be deemed to beneficially own such shares. Jo Ann Wilks serves as a trustee of such trust and, in such capacity has dispository power over the shares of Class A common stock owned by such trust, and therefore may be deemed to beneficially own such shares |
(3) | (Continued from Footnote 2) Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 3 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 3. |
(4) | Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by shareholders generally. At the request of the holder, each Unit may be coupled with a share of Class B common stock and redeemed for, at the Issuer's election and subject to certain restrictions in the Third Amended and Restated Limited Liability Company Agreement of ProFrac Holdings, LLC (the "ProFrac Holdings LLC Agreement"), newly-issued shares of Class A common stock of the Issuer on a one-for-one basis or for a cash payment to be determined pursuant to the ProFrac Holdings LLC Agreement for each Unit redeemed. The Units do not expire. |
Remarks: Exhibit List: Exhibit 24.1 - Power of Attorney (Farris and Jo Ann Wilks 2022 Family Trust); Exhibit 24.2 - Power of Attorney (Farris Wilks); Exhibit 24.3 - Power of Attorney (Jo Ann Wilks) |