Liberty Energy Inc. Files Definitive Proxy Statement

TL;DR

<b>Liberty Energy Inc. has filed its Definitive Proxy Statement for the upcoming period.</b>

AI Summary

Liberty Energy Inc. (LBRT) filed a Proxy Statement (DEF 14A) with the SEC on March 7, 2024. Liberty Energy Inc. filed a Definitive Proxy Statement (DEF 14A) on March 7, 2024. The filing covers the period ending April 16, 2024. The company's principal executive offices are located at 950 17th Street, Suite 2400, Denver, CO 80202. Liberty Energy Inc. was formerly known as Liberty Oilfield Services Inc. until January 9, 2017. The filing includes information related to executive compensation and board member stock ownership.

Why It Matters

For investors and stakeholders tracking Liberty Energy Inc., this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation, board nominations, and voting matters before the annual meeting. It provides insights into the company's governance and how shareholder interests are aligned with management decisions.

Risk Assessment

Risk Level: — Liberty Energy Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance and disclosure practices without immediate financial or operational red flags.

Analyst Insight

Review the executive compensation details and any proposed shareholder resolutions to inform voting decisions.

Key Numbers

• 2024-04-16 — Reporting Period End (Conformed Period of Report)
• 2024-03-07 — Filing Date (Filed as of Date)
• 001-38081 — SEC File Number (SEC File Number)
• 0001694028 — Central Index Key (Central Index Key)

Key Players & Entities

• Liberty Energy Inc. (company) — Filer
• Liberty Oilfield Services Inc. (company) — Former company name
• Christopher A. Wright (person) — Member of the Board of Directors

FAQ

Industry Context

Liberty Energy Inc. operates in the Oil, Gas Field Services sector.

Regulatory Implications

The filing is a standard DEF 14A, adhering to SEC regulations for proxy solicitations.

What Investors Should Do

1. Analyze the compensation packages for named executive officers.
2. Review proposals related to director elections and any shareholder proposals.
3. Understand the company's stated rationale for executive compensation decisions.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for proxy season and does not represent a change from previous filings of the same type.

Key Financial Figures

• $0.01 — mpany's Class A Common Stock, par value $0.01 per share (the " Common Stock "), is th
• $9,500 — . King's services will be approximately $9,500 plus expenses. In addition to the solic

Filing Documents

• liberty-def14a_041624.htm (DEF 14A) — 1487KB
• liberty-def14a_041624img001.gif (GRAPHIC) — 5KB
• liberty-def14a_041624img002.gif (GRAPHIC) — 18KB
• liberty-def14a_041624img003.gif (GRAPHIC) — 32KB
• liberty-def14a_041624img004.gif (GRAPHIC) — 31KB
• liberty-def14a_041624img005.gif (GRAPHIC) — 33KB
• liberty-def14a_041624img006.gif (GRAPHIC) — 30KB
• proxycard001.jpg (GRAPHIC) — 0KB
• proxycard002.jpg (GRAPHIC) — 0KB
• proxycard003.jpg (GRAPHIC) — 0KB
• 0001999371-24-003271.txt (&nbsp;) — 2837KB
• lbrt-20231231.xsd (EX-101.SCH) — 5KB
• lbrt-20231231_def.xml (EX-101.DEF) — 9KB
• lbrt-20231231_lab.xml (EX-101.LAB) — 61KB
• lbrt-20231231_pre.xml (EX-101.PRE) — 44KB
• liberty-def14a_041624_htm.xml (XML) — 252KB

EXECUTIVE COMPENSATION TABLES

EXECUTIVE COMPENSATION TABLES 24 DIRECTOR COMPENSATION 29 CEO PAY RATIO 31 PAY VERSUS PERFORMANCE 32 PROPOSAL 2 – ADVISORY VOTE TO APPROVE THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS 36 PROPOSAL 3 – RATIFICATION OF APPOINTMENT OF THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 37 AUDIT COMMITTEE REPORT 38 PROPOSAL 4 – APPROVAL OF AN AMENDMENT AND RESTATEMENT OF THE COMPANY'S LONG TERM INCENTIVE PLAN 40 EQUITY COMPENSATION PLAN INFORMATION 45

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 46 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 48 DELINQUENT SECTION 16(a) REPORTS 51 HOUSEHOLDING 51 STOCKHOLDER PROPOSALS 51 WHERE YOU CAN FIND MORE INFORMATION 51 OTHER MATTERS 52 ANNEX A: LIBERTY ENERGY INC. AMENDED AND RESTATED LONG TERM INCENTIVE PLAN A-1 1 LIBERTY ENERGY INC. 950 17 TH STREET, SUITE 2400 DENVER, COLORADO 80202 PROXY STATEMENT GENERAL INFORMATION ABOUT THE 2024 ANNUAL MEETING OF STOCKHOLDERS AND VOTING The enclosed proxy is solicited on behalf of the Board of Directors (the " Board ") of Liberty Energy Inc. (the " Company ") for use at the Company's 2024 Annual Meeting of Stockholders that will be held on Tuesday, April 16, 2024, at 9:00 a.m. Mountain Time, virtually at https://web.lumiagm.com/245867901 (the " Annual Meeting "). In this proxy statement (the " Proxy Statement ") the terms " Liberty ," " we ," " us " and " our " all refer to the Company. This Proxy Statement contains important information for you to consider when deciding how to vote on the matters brought before the Annual Meeting. Please read it carefully. We are providing these proxy materials to you in connection with the solicitation by the Board of proxies to be voted at the Annual Meeting and at any adjournment or postponement thereof. By executing and returning the enclosed proxy card or by voting via the Internet or by telephone as set forth herein, you authorize the persons named in the proxy to represent you and vote your shares on the matters described herein. Those persons will also be authorized to vote your shares to adjourn the Annual Meeting from time to time and to vote your shares at any adjournments or postponements of the Annual Meeting. Pursuant to the "notice and access" rules adopted by the Securities and Exchange Commission (the " SEC "), we have elected to provide stockholders access to our proxy materials over the Internet. The approximat

View Full Filing

View this DEF 14A filing on SEC EDGAR