| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 1/10/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 928054 |
| Issuer Name: FLOTEK INDUSTRIES INC/CN/ |
| Issuer Trading Symbol: FTK |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1189981 |
| | Owner Name: GIBSON JOHN W JR |
| Reporting Owner Address: |
| | Owner Street 1: 10603 W. SAM HOUSTON PKWY N., SUITE 300 |
| | Owner Street 2: |
| | Owner City: HOUSTON |
| | Owner State: TX |
| | Owner ZIP Code: 77064 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: CEO and President |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 1/10/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 200,000 |
| | | Transaction Price Per Share: |
| Value: 1.69 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 200,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Right to Purchase Common Stock |
| | Conversion or Exercise Price: |
| | | Value: 1.69 |
| | Transaction Date: |
| | | Value: 1/10/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 200,000 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 12/22/19 |
| | Expiration Date: |
| | | Value: 3/21/20 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 200,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: The reporting person has the right to purchase up to the lesser of: (a) 0.99% of the number of shares of Flotek Industries, Inc. ("FTK") common stock outstanding immediately before such issuance, and (b) $500,000 of shares of FTK common stock, less the 200,000 FTK shares exercised at $1.69 per share on January 10, 2020. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Elizabeth T. Wilkinson, Attorney-in-Fact |
| Signature Date: 1/10/20 |
