Form Type: 4

SEC EDGAR Link
Accession Number:0000950103-21-010116
Date:2021-07-01
Issuer: FTS INTERNATIONAL, INC. (FTSI)
Original Submission Date:

Reporting Person:

TURNER LANCE D.
777 MAIN STREET, SUITE 2900
FORT WORTH, TX 76102

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 2021-07-01 M 20,255 a $0.00 23,432 direct
CLASS A COMMON STOCK 2021-07-01 F 7,970 d $28.73 15,462 direct
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
PERFORMANCE STOCK UNITS 0.0 2021-07-01 deemed execution date M 20,255 (d) class a common stock 20,255 $0.00 20,254 direct
Footnotes
IDfootnote
f1 performance stock units convert into class a common stock on a one-for-one basis. the performance stock units vest in two equal installments based on either (i) the achievement of a volume-weighted average price per share of the company's class a common stock over 90 consecutive trading days or (ii) the occurrence of a change in control (as defined in the 2020 equity and incentive compensation plan), in each case, implying an aggregate equity market capitalization for the company as set forth in the performance stock unit agreement. if the performance metric is not met by the seventh anniversary of the date of grant, the performance stock units will be forfeited.
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