X0407 4 2023-04-10 0 0001881487 ProFrac Holding Corp. ACDC 0001754159 THRC Holdings, LP 17018 INTERSTATE 20 CISCO TX 76437 0 0 1 0 0001834450 THRC Management, LLC 17018 INTERSTATE 20 CISCO TX 76437 0 0 1 0 0001641792 Wilks Dan H. 17018 INTERSTATE 20 CISCO TX 76437 0 0 1 0 0 Class A common stock, par value $0.01 per share 2023-04-10 4 C 0 49939536 A 69067625 D Class B common stock, par value $0.01 per share 2023-04-10 4 J 0 49939536 D 0 D ProFrac Holdings, LLC Units 2023-04-10 4 C 0 49939536 0.00 D Class A common stock, par value $0.01 49939536 0 D Units of ProFrac Holdings, LLC, a Texas limited liability company ("ProFrac LLC"), which represent limited liability company interests of ProFrac LLC and a corresponding number of shares of the Issuer's Class B common stock, were exchanged on a one-for-one basis for shares of the Issuer's Class A common stock, pursuant to the Third Amended and Restated Limited Liability Company Agreement of ProFrac LLC (the "ProFrac LLC Agreement"). See footnote 4 below. Includes 94 shares of the Issuer's Class A common stock that were inadvertently omitted from the Reporting Persons' Form 4 filed on March 30, 2023. THRC Holdings, LP, a Texas limited partnership ("THRC Holdings"), directly holds the securities of the Issuer. THRC Management, LLC, a Texas limited liability company ("THRC Management"), as General Partner of THRC Holdings, has exclusive voting and investment control over the shares of the Issuer's Class A common stock held by THRC Holdings, and therefore may be deemed to beneficially own such shares. Dan Wilks, as sole manager of THRC Management, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by THRC Holdings, and therefore may be deemed to beneficially own such shares. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. Represents the surrender to the Issuer of 49,939,536 shares of the Issuer's Class B common stock, pursuant to the ProFrac LLC Agreement, in connection with the exchange of ProFrac LLC Units for shares of the Issuer's Class A common stock. Each share of the Issuer's Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by shareholders generally. At the request of the holder, each ProFrac LLC Unit may be coupled with a share of the Issuer's Class B common stock and redeemed for, at the Issuer's election and subject to certain restrictions in the ProFrac LLC Agreement, newly-issued shares of the Issuer's Class A common stock on a one-for-one basis or for a cash payment to be determined pursuant to the ProFrac LLC Agreement for each ProFrac LLC Unit redeemed. The ProFrac LLC Units do not expire. Exhibit List: Exhibit 24.1 - Power of Attorney (THRC Management, LLC on behalf of itself and its wholly owned subsidiary, THRC Holdings, LP); Exhibit 24.2 - Power of Attorney (Dan H. Wilks) /s/ Javier Rocha, Attorney-in-Fact 2023-04-26 /s/ Javier Rocha, Attorney-in-Fact 2023-04-26 /s/ Javier Rocha, Attorney-in-Fact 2023-04-26