<SEC-DOCUMENT>0001104659-17-017218.txt : 20170316 <SEC-HEADER>0001104659-17-017218.hdr.sgml : 20170316 <ACCEPTANCE-DATETIME>20170316190637 ACCESSION NUMBER: 0001104659-17-017218 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170316 FILED AS OF DATE: 20170316 DATE AS OF CHANGE: 20170316 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ProPetro Holding Corp. CENTRAL INDEX KEY: 0001680247 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 263685382 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1706 S. MIDKIFF ROAD, BUILDING B CITY: MIDLAND STATE: TX ZIP: 79701 BUSINESS PHONE: (432) 688-0012 MAIL ADDRESS: STREET 1: 1706 S. MIDKIFF ROAD, BUILDING B CITY: MIDLAND STATE: TX ZIP: 79701 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Redman Dale Jackie CENTRAL INDEX KEY: 0001700738 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38035 FILM NUMBER: 17696038 MAIL ADDRESS: STREET 1: 1706 S. MIDKIFF, BLDG. B CITY: MIDLAND STATE: TX ZIP: 79701 </SEC-HEADER> <DOCUMENT> <TYPE>3 <SEQUENCE>1 <FILENAME>a3.xml <DESCRIPTION>3 <TEXT> <XML> <?xml version="1.0"?> <ownershipDocument> <schemaVersion>X0206</schemaVersion> <documentType>3</documentType> <periodOfReport>2017-03-16</periodOfReport> <noSecuritiesOwned>0</noSecuritiesOwned> <issuer> <issuerCik>0001680247</issuerCik> <issuerName>ProPetro Holding Corp.</issuerName> <issuerTradingSymbol>PUMP</issuerTradingSymbol> </issuer> <reportingOwner> <reportingOwnerId> <rptOwnerCik>0001700738</rptOwnerCik> <rptOwnerName>Redman Dale Jackie</rptOwnerName> </reportingOwnerId> <reportingOwnerAddress> <rptOwnerStreet1>C/O PROPETRO HOLDING CORP.</rptOwnerStreet1> <rptOwnerStreet2>1706 S. MIDKIFF, BLDG. B</rptOwnerStreet2> <rptOwnerCity>MIDLAND</rptOwnerCity> <rptOwnerState>TX</rptOwnerState> <rptOwnerZipCode>79701</rptOwnerZipCode> <rptOwnerStateDescription></rptOwnerStateDescription> </reportingOwnerAddress> <reportingOwnerRelationship> <isDirector>1</isDirector> <isOfficer>1</isOfficer> <isTenPercentOwner>0</isTenPercentOwner> <isOther>0</isOther> <officerTitle>CEO</officerTitle> </reportingOwnerRelationship> </reportingOwner> <nonDerivativeTable> <nonDerivativeHolding> <securityTitle> <value>Common Stock</value> </securityTitle> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>538240</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeHolding> </nonDerivativeTable> <derivativeTable> <derivativeHolding> <securityTitle> <value>Restricted Stock Units</value> </securityTitle> <conversionOrExercisePrice> <footnoteId id="F1"/> </conversionOrExercisePrice> <exerciseDate> <footnoteId id="F1"/> </exerciseDate> <expirationDate> <footnoteId id="F1"/> </expirationDate> <underlyingSecurity> <underlyingSecurityTitle> <value>Common Stock</value> </underlyingSecurityTitle> <underlyingSecurityShares> <value>372335</value> </underlyingSecurityShares> </underlyingSecurity> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </derivativeHolding> <derivativeHolding> <securityTitle> <value>Stock Options</value> </securityTitle> <conversionOrExercisePrice> <value>3.96</value> </conversionOrExercisePrice> <exerciseDate> <footnoteId id="F2"/> </exerciseDate> <expirationDate> <value>2023-06-14</value> </expirationDate> <underlyingSecurity> <underlyingSecurityTitle> <value>Common Stock</value> </underlyingSecurityTitle> <underlyingSecurityShares> <value>699852</value> </underlyingSecurityShares> </underlyingSecurity> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </derivativeHolding> <derivativeHolding> <securityTitle> <value>Stock Options</value> </securityTitle> <conversionOrExercisePrice> <value>2.25</value> </conversionOrExercisePrice> <exerciseDate> <footnoteId id="F3"/> </exerciseDate> <expirationDate> <value>2026-07-19</value> </expirationDate> <underlyingSecurity> <underlyingSecurityTitle> <value>Common Stock</value> </underlyingSecurityTitle> <underlyingSecurityShares> <value>501540</value> </underlyingSecurityShares> </underlyingSecurity> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </derivativeHolding> </derivativeTable> <footnotes> <footnote id="F1">Each restricted stock unit represents a right to recieve one share of common stock. Each restricted stock unit will vest upon a change in control of the issuer and has no expiration date.</footnote> <footnote id="F2">Represents stock options which have vested or will vest in four equal annual installments beginning on June 14, 2014.</footnote> <footnote id="F3">Represents stock options that are fully vested and immediately exercisable.</footnote> </footnotes> <remarks>Exhibit 24 - Power of Attorney.</remarks> <ownerSignature> <signatureName>/s/ Mark Howell, Attorney-in-fact</signatureName> <signatureDate>2017-03-16</signatureDate> </ownerSignature> </ownershipDocument> </XML> </TEXT> </DOCUMENT> <DOCUMENT> <TYPE>EX-24 <SEQUENCE>2 <FILENAME>ex-24.htm <DESCRIPTION>EX-24 <TEXT> <html> <head> </head> <body link=blue lang="EN-US"> <div style="font-family:Times New Roman;"> <p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 24</font></b></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SECTION 16 POWER OF ATTORNEY</font></b></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">With respect to holdings of and transactions in securities issued by ProPetro Holding Corp. (the “<u>Company</u>”), the undersigned hereby constitutes and appoints the officers of the Company listed on <u>Schedule A</u> attached hereto and as may be amended from time to time, or any of them signing singly, with full power of substitution and resubstitution, to act as the undersigned’s true and lawful attorney-in-fact to:</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:3.0pt;">              </font>execute for and on behalf of the undersigned, Forms 3, 4, and 5 in accordance with Section 16 of the Securities Exchange Act of 1934, as amended, and the rules thereunder;</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font><font size="1" style="font-size:3.0pt;">              </font>do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="font-size:10.0pt;margin:0in 0in .0001pt .25in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font><font size="1" style="font-size:3.0pt;">              </font>take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in the discretion of such attorney-in-fact.</p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution and resubstitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The undersigned acknowledges that the attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is any Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 14th day of March, 2017.</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;"> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Dale Redman</font></p> </td> </tr> <tr> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;"> </font></p> </td> <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dale Redman</font></p> </td> </tr> </table> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\C902335\17-8362-2\task8333807\8362-2-kg.htm',USER='C902335',CD='Mar 15 21:53 2017' --> <br clear="all" style="page-break-before:always;"> <div style="font-family:Times New Roman;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Schedule A</font></u></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Individuals Appointed as Attorney-in-Fact with Full Power of Substitution and Resubstitution</font></p> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;"> <tr> <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.44%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1. Mark Howell</font></p> </td> <td width="53%" valign="top" style="padding:0in 0in 0in 0in;width:53.56%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">General Counsel & Corporate Secretary</font></p> </td> </tr> <tr> <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.44%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2. Sam Sledge</font></p> </td> <td width="53%" valign="top" style="padding:0in 0in 0in 0in;width:53.56%;"> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor Relations</font></p> </td> </tr> </table> <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"> </font></p> <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_212219_4861"></a></p> <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div> </div> <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\C902335\17-8362-2\task8333807\8362-2-kg.htm',USER='C902335',CD='Mar 15 21:53 2017' --> </body> </html> </TEXT> </DOCUMENT> </SEC-DOCUMENT>