Filing Details

Accession Number:
0001144204-18-059928
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-14 16:04:49
Reporting Period:
2018-11-09
Accepted Time:
2018-11-14 16:04:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1670349 U.s. Well Services Inc. USWS Oil & Gas Field Services, Nec (1389) 811847117
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1699505 Matlin & Partners Acquisition Sponsor Llc 520 Madison Avenue
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2018-11-09 5,150,000 $0.00 5,150,000 No 4 C Direct
Class A Common Stock Acquisiton 2018-11-09 66,502 $10.15 5,216,502 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants Disposition 2018-11-09 6,782,258 $0.00 3,391,129 $5.75
Class A Common Stock Warrants Acquisiton 2018-11-09 532,258 $0.00 266,129 $5.75
Class A Common Stock Class F Common Stock Disposition 2018-11-09 2,975,000 $0.00 2,975,000 $0.00
Class A Common Stock Class F Common Stock Disposition 2018-11-09 5,150,000 $0.00 5,150,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,717,742 2018-12-09 2023-11-09 No 4 J Direct
8,250,000 2018-12-09 2023-11-09 No 4 P Direct
5,150,000 No 4 J Direct
0 No 4 C Direct
Footnotes
  1. Prior to the transactions reported herein, the Class F Common Stock ("Class F Common Stock") of U.S. Well Services, Inc. (f/k/a Matlin & Partners Acquisition Corporation) (the "Issuer") was held of record by Matlin & Partners Acquisition Sponsor LLC ("Sponsor"). In connection with the closing of the initial business combination of the Issuer (the "Initial Business Combination"), each share of Class F Common Stock automatically converted into Class A Common Stock ("Class A Common Stock") of the Issuer on a 1-to-1 basis (the "Conversion").
  2. Pursuant to that certain subscription agreement entered into by and among Sponsor with several parties named therein, Sponsor transferred to Crestview (as defined therein) 6,782,258 warrants of the Issuer in connection with Crestview purchasing a certain number of shares of Class A Common Stock and providing a backstop in connection with the Initial Business Combination.
  3. Prior to the Conversion and pursuant to that certain sponsor agreement, as amended, Sponsor surrendered 2,975,000 shares of Class F Common Stock to the Issuer to be cancelled.