Sec Form 4 Filing - Riverstone/Carlyle Energy Partners IV, L.P. @ Liberty Oilfield Services Inc. - 2021-03-03

Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Riverstone/Carlyle Energy Partners IV, L.P.
2. Issuer Name and Ticker or Trading Symbol
Liberty Oilfield Services Inc. [ LBRT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 19TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
03/03/2021
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/03/2021 S 393,323 D $ 11.24 5,515,572 I ( 1 ) ( 2 ) ( 5 ) See footnotes ( 1 ) ( 2 ) ( 3 )
Class A Common Stock 03/03/2021 S 911,677 D $ 11.24 1,674,667 I ( 1 ) ( 2 ) ( 5 ) See footnotes ( 1 ) ( 2 ) ( 4 )
Class B Common Stock 11,109,757 I ( 1 ) ( 2 ) ( 5 ) See footnotes ( 1 ) ( 2 ) ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Riverstone/Carlyle Energy Partners IV, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 19TH FLOOR
NEW YORK, NY10019
X X
R/C Energy IV Direct Partnership, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 19TH FLOOR
NEW YORK, NY10019
X X
R/C IV Liberty Holdings, L.P.
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 19TH FLOOR
NEW YORK, NY10019
X X
R/C Energy GP IV, LLC
C/O RIVERSTONE HOLDINGS LLC
712 FIFTH AVENUE, 19TH FLOOR
NEW YORK, NY10019
X X
Signatures
RIVERSTONE/CARLYLE ENERGY PARTNERS IV, L.P. By: R/C ENERGY GP IV, LLC, its general partner, /s/ Peter Haskopoulos 03/03/2021
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )(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.
( 3 )Shares held directly by R/C Direct.
( 4 )Shares held directly by R/C IV Liberty.
( 5 )Riverstone/Carlyle RP IV directly holds no shares.

Remarks:
Each of Ken Babcock and Brett Staffieri serve on the board of directors of the Issuer as a representative of the reporting persons. As a result, each reporting person herein may be deemed a director by deputization for the purposes of Section 16 of the Exchange Act.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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