-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I2SwZafHhdIfwh6SiJMWrocOXHTGj6zNu0UkH9BhqkaRZZzxyVW9DJLbIs7VDldp +QYG4y04bvdhCsCcQgpWhw== 0000928054-02-000029.txt : 20020617 0000928054-02-000029.hdr.sgml : 20020617 20020617105031 ACCESSION NUMBER: 0000928054-02-000029 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020617 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PENNY GLENN S CENTRAL INDEX KEY: 0001162132 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: WANZALLE BECK STREET 2: 3109 STAGESTAND RD CITY: DUNCAN STATE: OK ZIP: 73533 BUSINESS PHONE: 580 467 0612 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FLOTEK INDUSTRIES INC/CN/ CENTRAL INDEX KEY: 0000928054 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 770709256 FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51879 FILM NUMBER: 02680258 BUSINESS ADDRESS: STREET 1: 7030 EMPIRE CENTRAL DRIVE CITY: HOUSTON STATE: TX ZIP: 77040 BUSINESS PHONE: 7138499911 MAIL ADDRESS: STREET 1: 7030 EMPIRE CENTRAL DRIVE CITY: HOUSTON STATE: TX ZIP: 77040 SC 13D/A 1 form13dgpenny.txt AMENDED FORM 13D; CHANGE IN OWNERSHIP SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) FLOTEK INDUSTRIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.0001 PAR VALUE PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 343389 10 2 - -------------------------------------------------------------------------------- (CUSIP Number) Glenn S. Penny 3109 Stagestand Road Duncan, Oklahoma 73533 (580) 467-0612 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 21, 2002 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (Entities Only) Glenn S. Penny - -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds - -------------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e). [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of Shares 7. Sole Voting Power Beneficially Owned By 1,075,415 Each Reporting Person With ------------------------------------------------------ 8. Shared Voting Power 0 ------------------------------------------------------ 9. Sole Dispositive Power 1,075,415 ------------------------------------------------------ 10. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,075,415 - -------------------------------------------------------------------------------- 12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) 21.9% - -------------------------------------------------------------------------------- 14. Type of Reporting Person IN - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 Item 1. Security and Issuer This Statement relates to the Common Stock, $0.0001 par value per share of Flotek Industries, Inc., a Delaware corporation (the "Company"). The principal executive offices of the Company are located at 7030 Empire Central Drive, Houston, Texas 77040. Item 2. Identity and Background (a) This Statement is filed by Glenn S. Penny. (b) Glenn S. Penny's business address is 3109 Stagestand Road, Duncan, Oklahoma, 73533. (c) Mr. Penny is the President of the Company and works at the business address disclosed in (b) above. (d) Mr. Penny has not been convicted in a criminal proceeding during the last five years (excluding traffic violations or similar misdemeanors). (e) During the past five years, Mr. Penny was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which Mr. Penny was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Glenn S. Penny is a citizen of the United States. Item 3. Source and Amount of Funds or Other Consideration No change. Item 4. Purpose of Transaction No change, except to disclose the following transaction since the filing of the original Schedule 13D: On May 21, 2002, Mr. Penny entered into that certain Mutual Release Agreement (the "Release Agreement") dated as of such date, by and among the Company, Chemical and Equipment Specialties, Inc., a wholly-owned subsidiary of the Company ("CESI"), certain former shareholders of CESI and certain shareholders of the Company, whereby Mr. Penny agreed to surrender 125,090 shares of the Company's common stock to the Company in exchange for the release of any and all claims against him by the Company, CESI, such former CESI shareholders and such Company shareholders. Item 5. Interest in Securities of the Issuer (a) Because of the surrender of shares pursuant to the Release Agreement, Mr. Penny is now the direct beneficial owner of 1,075,415 shares, or approximately 21.9% of the 4,910,812 shares of common stock of the Company that were issued and outstanding on May 21, 2002. (b) No change. (c) No change. (d) No change. (e) No change. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. No change. Item 7. Material to be Filed as Exhibits. The following exhibits to this Amendment No. 1 to Schedule 13D are filed herewith: (1) Mutual Release Agreement dated as of May 21, 2002 between Flotek Industries, Inc., Chemical and Equipment Specialties, Inc., Glenn S. Penny, Tom D. Morton, Dan R. Neal, certain shareholders of Flotek Industries, Inc., and certain former shareholders of Chemical and Equipment Specialties, Inc. (incorporated by reference to Exhibit 99.1 to Form 8-K dated May 24, 2002, filed by Flotek Industries, Inc. (SEC File No. 001-13270)). SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. Dated: June 11, 2002 /s/ Glenn S. Penny -------------------- Glenn S. Penny -----END PRIVACY-ENHANCED MESSAGE-----