PROFRAC HOLDING CORP. purchased 1.50M shares of FLOTEK INDUSTRIES INC/CN/ on the open market
Open‑market purchase worth $1.74M. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 3/2/2023ACC: 0000899243-23-006664
10% Owner
Since May 2022
+6.87M
Net shares
Net buyer
$1.74M
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
26.87M acquired · 20M disposed
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+1.50M
Price / share
$1.16
Trade value
$1.74M
% of position
New position
12/28/2022
0.00→1.50M
Total
Net shares
+1.50M
Net value
$1.74M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/28/2022 | P · Purchase | +1.50M | $1.16 | $1.74M | New position | 0.00 | 1.50M |
| Total | +1.50M | $1.74M | ||||||
Derivative Transactions2
10% Convertible PIK Notes
Indirect
Converts to
Common Stock
25.37M shares
Shares
−20M
Strike price
0.8705
Held after
0.00
Exercisable
—
2/2/2023
Warrants (right to buy)
Indirect
Converts to
Common Stock
25.37M shares
Shares
+25.37M
Strike price
Held after
25.37M
Exercisable
—
2/2/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| 10% Convertible PIK Notes Indirect | Common Stock25.37M shares | 2/2/2023 | C · Conversion | −20M | 0.8705 | — | 0.00 |
| Warrants (right to buy) Indirect | Common Stock25.37M shares | 2/2/2023 | C · Conversion | +25.37M | — | 25.37M |