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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 2/29/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 889900 |
| Issuer Name: PATTERSON UTI ENERGY INC |
| Issuer Trading Symbol: PTEN |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1645511 |
| | Owner Name: Drummond Robert Wayne Jr |
| Reporting Owner Address: |
| | Owner Street 1: 10713 W SAM HOUSTON PKWY N |
| | Owner Street 2: SUITE 800 |
| | Owner City: HOUSTON |
| | Owner State: TX |
| | Owner ZIP Code: 77064 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, $.01 par value per share |
| | Transaction Date: |
| | | Value: 2/29/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 187,916 |
| | | Transaction Price Per Share: |
| Value: 11.73 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,473,239 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, $.01 par value per share |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 65,344 |
| | | Transaction Price Per Share: |
| Value: 11.76 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,407,895 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.70 to $11.79, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| Footnote - F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.75 to $11.77, inclusive. The Reporting Person undertakes to provide to Patterson-UTI Energy, Inc., any security holder of Patterson-UTI Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
Remarks: |
Owner Signature: |
| Signature Name: By Forrest Robinson pursuant to a limited power of attorney filed with the SEC on 9/6/23 /s/Forrest Robinson |
| Signature Date: 3/4/24 |