0000950170-24-105265.txt : 20240910
0000950170-24-105265.hdr.sgml : 20240910
20240910191506
ACCESSION NUMBER: 0000950170-24-105265
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240906
FILED AS OF DATE: 20240910
DATE AS OF CHANGE: 20240910
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McClure Kyle
CENTRAL INDEX KEY: 0001698509
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13439
FILM NUMBER: 241291171
MAIL ADDRESS:
STREET 1: 10260 WESTHEIMER RD
STREET 2: SUITE 700
CITY: HOUSTON
STATE: TX
ZIP: 77042
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Innovex International, Inc.
CENTRAL INDEX KEY: 0001042893
STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 742162088
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19120 KENSWICK DRIVE
CITY: HUMBLE
STATE: TX
ZIP: 77338
BUSINESS PHONE: 3463980000
MAIL ADDRESS:
STREET 1: 19120 KENSWICK DRIVE
CITY: HUMBLE
STATE: TX
ZIP: 77338
FORMER COMPANY:
FORMER CONFORMED NAME: DRIL-QUIP INC
DATE OF NAME CHANGE: 19970723
4
1
ownership.xml
4
X0508
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2024-09-06
true
0001042893
Innovex International, Inc.
INVX
0001698509
McClure Kyle
19120 KENSWICK DR
HUMBLE
TX
77338
false
true
false
false
Vice President and CFO
false
Common Stock
2024-09-06
4
A
false
81189
A
148194
D
Common Stock
2024-09-06
4
F
false
31950
15.41
D
116244
D
Common Stock
2024-09-06
4
F
false
21802
15.41
D
94442
D
Represents shares received upon the vesting and settlement of all of the Reporting Person's outstanding performance unit awards (the "Performance Units") in connection with the consummation of the mergers (the "Mergers") contemplated by that certain Agreement and Plan of Merger, dated as of March 18, 2024, by and among Innovex International, Inc. (formerly named Dril-Quip, Inc.) (the "Issuer"), certain subsidiaries of the Issuer and Innovex Downhole Solutions, Inc., as amended by that certain First Amendment to Agreement and Plan of Merger, dated as of June 12, 2024.
The Performance Units were granted pursuant to the Issuer's 2017 Omnibus Incentive Plan and vested at 100% of the target level on the Reporting Person's last day of employment with the Issuer pursuant to the Separation Agreement and General Release of Claims between the Reporting Person and the Issuer, dated September 6, 2024 (the "Separation Agreement"), a copy of which was filed as an exhibit to the Issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on September 6, 2024.
Represents the number of shares withheld to satisfy tax withholding obligations in connection with the vesting and settlement of the Performance Units on September 6, 2024.
Represents the number of shares withheld to satisfy tax withholding obligations in connection with the vesting and settlement of all of the Reporting Person's outstanding restricted stock awards on September 6, 2024 in connection with the consummation of the Mergers.
/s/ Kyle McClure
2024-09-10