Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-21-011995
Date:2021-06-10
Issuer: LIBERTY OILFIELD SERVICES INC. (LBRT)
Original Submission Date:

Reporting Person:

RIVERSTONE/CARLYLE ENERGY PARTNERS IV, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 19TH FLOOR NEW YORK, NY 10019

Reporting Person:

R/C ENERGY IV DIRECT PARTNERSHIP, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 36TH FLOOR NEW YORK, NY 10019

Reporting Person:

R/C IV LIBERTY HOLDINGS, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 36TH FLOOR NEW YORK, NY 10019

Reporting Person:

R/C ENERGY GP IV, LLC
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 36TH FLOOR NEW YORK, NY 10019

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-06-10 S 3,707,187 d $15.20 0 f5 indirect f1,f2,f3
CLASS A COMMON STOCK 2021-06-10 A 6,918,142 a $0.00 6,918,142 f5 indirect f1,f2,f4
CLASS A COMMON STOCK 2021-06-10 S 8,592,809 d $15.20 0 f5 indirect f1,f2,f4
CLASS B COMMON STOCK 2021-06-10 D 6,918,142 d $0.00 0 f5 indirect f1,f2,f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
UNITS 0.0 2021-06-10 deemed execution date D 6,918,142 (a) class a common stock 6,918,142 $0.00 0 indirect see footnotes
Footnotes
IDfootnote
f1 by reason of the provisions of rule 16a-1 of the securities exchange act of 1934, as amended (the "exchange act"), each of r/c energy gp iv, llc ("r/c gp iv"), which is the sole general partner of riverstone/carlyle energy partners iv, l.p. ("riverstone/carlyle ep iv"), and riverstone/carlyle ep iv, which is the sole general partner of each of r/c energy iv direct partnership, l.p. ("r/c direct") and r/c iv liberty holdings, l.p. ("r/c iv liberty"), may be deemed to have an indirect pecuniary interest in the securities held directly by r/c direct and r/c iv liberty. in accordance with instruction 4(b)(iv), the entire amount of the securities held by each of riverstone/carlyle ep iv, r/c direct and r/c iv liberty are reported herein.
f2 (continued from footnote 1) each reporting person disclaims beneficial ownership of any securities that are not directly owned by such reporting person, except to the extent of their indirect pecuniary interest therein. this report shall not be deemed an admission that such reporting person is a member of a group or the beneficial owner of any securities not directly owned by such reporting person.
f3 shares held directly by r/c direct.
f4 shares held directly by r/c iv liberty.
f5 riverstone/carlyle rp iv directly holds no shares.
f6 represents securities issued in redemption of the parallel units (as defined below).
f7 represents securities forfeited for no additional consideration upon repurchase of the parallel units.
f8 "units" means ownership interests in liberty oilfield services new holdco llc ("liberty llc"). the issuer is the sole managing member of liberty llc.
f9 the limited liability company agreement of liberty llc provides certain holders of units with certain rights to cause liberty llc to acquire all or a portion of the units (the "redemption right") for, at liberty llc's election, (a) shares of class a common stock at a redemption ratio of one share of class a common stock for each unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (b) an equivalent amount of cash based on the 30-day volume weighted average price of class a common stock ending on the trading day that is immediately prior to the date that the redemption right is exercised. the units and the right to exercise the redemption right have no expiration date.

Elevate your investments