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