0001209191-22-003829.txt : 20220119 0001209191-22-003829.hdr.sgml : 20220119 20220119185136 ACCESSION NUMBER: 0001209191-22-003829 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220118 FILED AS OF DATE: 20220119 DATE AS OF CHANGE: 20220119 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: 22540088 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 2022-01-18 0 0001694028 Liberty Oilfield Services Inc. LBRT 0001705083 Gusek Ron 950 17TH ST. SUITE 2400 DENVER CO 80202 0 1 0 0 President Class A Common Stock 2022-01-18 4 A 0 61670 A 1276260 D Class A Common Stock 2022-01-19 4 A 0 6238 0.00 A 1282498 D Class B Common Stock 2022-01-19 4 D 0 6238 0.00 D 0 D Units 2022-01-19 4 D 0 6238 D Class A Common Stock 6238 0 D Represents restricted stock units granted on January 18, 2022, which vest in three equal installments on April 1, 2023, 2024 and 2025, subject to continued employment. Each restricted stock unit represents a contingent right to receive one share of Liberty Oilfield Services Inc. Class A common stock following vesting. Represents securities issued in redemption of Units (as defined below). Represents securities forfeited to the Issuer for no additional consideration upon redemption. "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 2022-01-19