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
- 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").
- 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.
- 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.