Form 3 Propetro Holding Corp.

Initial statement of beneficial ownership of securities

Published: 2019-10-09 18:10:55
Submitted: 2019-10-09
Period Ending In: 2019-10-03
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SEC FORM 3

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Omavuezi Elo

(Last) (First) (Middle)
1706 S. MIDKIFF, BLDG B

(Street)
MIDLAND TX 79701

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/03/2019
3. Issuer Name and Ticker or Trading Symbol
ProPetro Holding Corp. [ PUMP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 725 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) (1) Common Stock 11,149(2) (1) D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive either one share of common stock of the Issuer or an amount of cash equal to the fair market value of one share of common stock of the Issuer. The RSUs will vest in three substantially equal annual installments commencing one year from the applicable grant date.
2. Includes (i) 3,810 RSUs granted on June 5, 2017, (ii) 3,810 RSUs granted on April 18, 2018 and (iii) 3,529 RSUs granted on March 18, 2019.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Newton W. Wilson III, as attorney-in-fact for Elo Omavuezi 10/09/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
1
a3.xml 3
Schema Version:
X0206
Document Type:
3
Period Of Report:
2019-10-03
No Securities Owned:
0

Issuer

Issuer Cik
0001680247
Issuer Name
ProPetro Holding Corp.
Issuer Trading Symbol
PUMP

Reporting Owner

Reporting Owner Id

Rpt Owner Cik
0001790601
Rpt Owner Name
Omavuezi Elo

Reporting Owner Address

Rpt Owner Street1
1706 S. MIDKIFF, BLDG B
Rpt Owner City
MIDLAND
Rpt Owner State
TX
Rpt Owner Zip Code
79701

Reporting Owner Relationship

Is Director
0
Is Officer
1
Is Ten Percent Owner
0
Is Other
0
Officer Title
Chief Accounting Officer

Non Derivative Holding

Security Title
Common Stock
Shares Owned Following Transaction
725
Direct Or Indirect Ownership
D

Derivative Holding

Security Title
Restricted Stock Units
@attributes Id
F1
@attributes Id
F1
@attributes Id
F1

Underlying Security

Underlying Security Title
Common Stock

Underlying Security Shares

Value
11149
@attributes Id
F2
Direct Or Indirect Ownership
D

Footnote

0
Each restricted stock unit ("RSU") represents a contingent right to receive either one share of common stock of the Issuer or an amount of cash equal to the fair market value of one share of common stock of the Issuer. The RSUs will vest in three substantially equal annual installments commencing one year from the applicable grant date.
1
Includes (i) 3,810 RSUs granted on June 5, 2017, (ii) 3,810 RSUs granted on April 18, 2018 and (iii) 3,529 RSUs granted on March 18, 2019.
Remarks:
Exhibit 24 - Power of Attorney

Owner Signature

Signature Name
/s/ Newton W. Wilson III, as attorney-in-fact for Elo Omavuezi
Signature Date
2019-10-09
ex-24.htm EX-24


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Exhibit 24

 

SECTION 16
POWER OF ATTORNEY

 

With respect to holdings of and transactions in securities issued by ProPetro Holding Corp. (the “Company”), the undersigned hereby constitutes and appoints the officers of the Company listed on Schedule A attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:

 

1.                                      execute for and on behalf of the undersigned, Forms 3, 4, and 5 in accordance with Section 16 of the Securities Exchange Act of 1934, as amended, and the rules thereunder;

 

2.                                      do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

 

3.                                      take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in the discretion of such attorney-in-fact.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.

 

The undersigned acknowledges that the attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is any Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

 


 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 7th day of October, 2019.

 

 

/s/ Elo Omavuezi

 

Elo Omavuezi

 


 

Schedule A
Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and Resubstitution

 

1.                                      Dale Redman
Chief Executive Officer

 

2.                                      Sam Sledge
Investor Relations

 

3.                                      Jeff Smith

Chief Administrative Officer

 

4.                                      Newton W. Wilson III

General Counsel

 


Additional Files
FileSequenceDescriptionTypeSize
0001104659-19-053612.txt   Complete submission text file   17000
$PUMP

© 2019 SEC.report
SEC CFR Title 17 of the Code of Federal Regulations.