X0306 4 2015-03-24 1 0001509273 C&J Energy Services, Inc. CJES 0001561645 Dunn John L. 3990 ROGERDALE ROAD HOUSTON TX 77042 0 1 0 0 See Remarks Common Stock 2015-03-24 4 U 0 14248 D 0 D Common Stock 2015-03-24 4 U 0 15640 D 0 D Stock Option 18.89 2015-03-24 4 U 0 1900 D 2015-06-19 2022-06-19 Common Stock 1900 0 D Each share was disposed of pursuant to a merger agreement (the "Merger Agreement") among the issuer, C&J Energy Services, Inc. ("C&J"), Nabors Industries Ltd., Nabors Red Lion Limited ("Red Lion"), Nabors CJ Merger Co., and CJ Holding Co., in exchange for 1 Red Lion common share, upon the terms and subject to the conditions set forth in the Merger Agreement. These shares of restricted stock, granted under the C&J Energy Services, Inc. 2012 Long-Term Incentive Plan, were not yet vested immediately prior to the effective time of the merger. Each unvested C&J restricted stock award ("C&J Restricted Stock Award") was disposed of pursuant to the Merger Agreement in exchange for an award to acquire, on the same terms and conditions (including with respect to vesting), a number of Red Lion common shares equal to the number of shares of C&J common stock subject to such C&J Restricted Stock Award immediately prior to the effective time of the merger. These options, granted under the C&J Energy Services, Inc. 2012 Long-Term Incentive Plan, were exercisable immediately prior to the effective time of the merger in accordance with the following schedule: 1/3 of the options shall become exercisable on each of the first, second, and third anniversaries of the date of grant (06/19/12), subject to the earlier expiration of the options. Each outstanding C&J stock option award (a "C&J Option") was disposed of pursuant to the Merger Agreement in exchange for an option to purchase, on the same terms and conditions (including with respect to vesting and exercisability), a number of Red Lion common shares equal to the number of shares of C&J common stock subject to such C&J Option immediately prior to the effective time of the merger. Senior Vice President-Sales & Marketing /s/ Danielle Foley, as attorney in fact 2015-03-24