Sec Form 4 Filing - DUMAS JERRY D SR @ FLOTEK INDUSTRIES INC/CN/ - 2010-07-30

Insider filing report for Changes in Beneficial Ownership
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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
DUMAS JERRY D SR
2. Issuer Name and Ticker or Trading Symbol
FLOTEK INDUSTRIES INC/CN/ [ FTK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Retired
(Last) (First) (Middle)
2930 W. SAM HOUSTON PKWY. N STE. 300
3. Date of Earliest Transaction (MM/DD/YY)
07/30/2010
(Street)
HOUSTON, TX77043
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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
Common Stock 07/30/2010 C 130,279 A $ 0.85 549,187 D
Common Stock 07/30/2010 F 96,294 D $ 1.15 452,893 D
Common Stock 18,096 I Saxton River Corporation
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
Stock Option $ 0.85 07/30/2010 X 130,279 09/21/2005 09/20/2014 Common 130,279 $ 9.4 415,664 D
Stock Option $ 2.125 07/30/2010 J 66,940 ( 1 ) 12/10/2005 12/09/2014 Common 66,940 $ 2.125 348,724 D
Stock Option $ 13.805 07/30/2010 J 54,348 ( 1 ) 03/13/2008 03/12/2013 Common 54,348 $ 13.805 294,376 D
Stock Option $ 22.37 07/30/2010 J 66,600 ( 1 ) 05/18/2008 05/17/2013 Common 66,600 $ 22.37 227,776 D
Stock Option $ 22.75 07/30/2010 J 27,776 ( 1 ) 03/28/2009 03/27/2014 Common 27,776 $ 22.75 200,000 D
Stock Option $ 2.51 07/30/2010 J 200,000 ( 1 ) 02/16/2010 02/15/2015 Common 200,000 $ 2.51 0 D
Preferred Stock $ 2.3 08/12/2009 ( 2 ) Common 86,956 86,956 D
Exercisable Warrants $ 2.31 08/12/2014 08/11/2014 Common 31,000 117,956 D
Exercisable Warrants $ 2.45 11/09/2009 10/11/2017 Common 100,000 217,956 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DUMAS JERRY D SR
2930 W. SAM HOUSTON PKWY. N STE. 300
HOUSTON, TX77043
X Retired
Signatures
/s/ Jerry D. Dumas, Sr. 08/30/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Options granted terminated at retirement of beneficial owner.
( 2 )The Preferred stock is perpetual and has no expiration date.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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