0001209191-21-061985.txt : 20211028 0001209191-21-061985.hdr.sgml : 20211028 20211028202856 ACCESSION NUMBER: 0001209191-21-061985 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211026 FILED AS OF DATE: 20211028 DATE AS OF CHANGE: 20211028 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gusek Ron CENTRAL INDEX KEY: 0001705083 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38081 FILM NUMBER: 211360128 MAIL ADDRESS: STREET 1: 950 17TH STREET STREET 2: SUITE 2000 CITY: DENVER STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Liberty Oilfield Services Inc. CENTRAL INDEX KEY: 0001694028 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 814891595 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 950 17TH STREET STREET 2: SUITE 2400 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (303) 515-2800 MAIL ADDRESS: STREET 1: 950 17TH STREET STREET 2: SUITE 2400 CITY: DENVER STATE: CO ZIP: 80202 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-10-26 0 0001694028 Liberty Oilfield Services Inc. LBRT 0001705083 Gusek Ron 950 17TH ST. SUITE 2400 DENVER CO 80202 0 1 0 0 President Class B Common Stock 2021-10-26 4 A 0 830 A 830 D Class A Common Stock 1223761 D Units 2021-10-26 4 A 0 830 A Class A Common Stock 830 830 D Such reporting person acquired these securities in connection with the terms of that certain unit purchase agreement, dated October 26, 2021, by and among Liberty Oilfield Services LLC, an indirect subsidiary of the Liberty Oilfield Services Inc. (the "Issuer"), the equity holders of PropX Express Investments, LLC, and each of (i) Hi-Crush PODS LLC and (ii) Big Box Proppant Investments LLC, acting jointly, in their capacity as the sellers representative thereunder. "Units" means ownership interests in Liberty Oilfield Services New HoldCo LLC ("Liberty LLC"). The Issuer is sole managing member of Liberty LLC The limited liability company agreement of Liberty LLC provides certain holders of Units with certain rights to cause Liberty LLC to acquire all or a portion of the Units (the "Redemption Right") for, at Liberty LLC's election, (a) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (b) an equivalent amount of cash based on the 30-day volume weighted average price of Class A Common Stock ending on the trading day that is immediately prior to the date that the Redemption Right is exercised. The Units and the right to exercise the Redemption Right have no expiration date. /s/ R. Sean Elliott, attorney-in-fact for Ron Gusek 2021-10-28