Sec Form 4 Filing - Fairbanks Jonathan B. @ Flowco Holdings Inc. - 2025-01-17

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
Fairbanks Jonathan B.
2. Issuer Name and Ticker or Trading Symbol
Flowco Holdings Inc. [ FLOC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O GEC ADVISORS LLC, 2415 WEST ALABAMA STREET, SUITE 220
3. Date of Earliest Transaction (MM/DD/YY)
01/17/2025
(Street)
HOUSTON, TX77098
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 01/17/2025 A 15,625 ( 1 ) A $ 0 15,625 D
Class A Common Stock 01/17/2025 P 500 A $ 24 500 I By Child
Class A Common Stock 01/17/2025 P 500 A $ 24 500 I By Child
Class A Common Stock 01/17/2025 P 500 A $ 24 500 I By Child
Class A Common Stock 01/17/2025 P 500 A $ 24 500 I By Child
Class A Common Stock 460,797 I By GEC Partners III GI LP ( 2 )
Class A Common Stock 407,760 I By GEC Partners III-B GI LP ( 2 )
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
Fairbanks Jonathan B.
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X X See Remarks
GEC Advisors LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Group B Ltd
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Capital Group III-B LP
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Estis Co-Invest II LLC
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Group Ltd
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Capital Group III LP
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Partners III LP
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
GEC Partners III B LP
C/O GEC ADVISORS LLC
2415 WEST ALABAMA STREET, SUITE 220
HOUSTON, TX77098
X See Remarks
Signatures
/s/ Jonathan B. Fairbanks 01/22/2025
Signature of Reporting Person Date
GEC Advisors LLC By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Group B Ltd. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Capital Group III-B LP. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Estis Co-Invest II LLC. By: /s/ Jonathan B. Fairbanks 01/22/2025
Signature of Reporting Person Date
GEC Group Ltd. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Capital Group III LP. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Partners III LP. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
GEC Partners III-B LP. By: /s/ Jonathan B. Fairbanks, Manager 01/22/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents restricted stock units ("RSUs") that vest in substantially equal quarterly installments over the following 3 years. Each RSU represents a contingent right to receive one share of Class A Common Stock.
( 2 )GEC Capital Group III LP is the general partner of each of GEC Partners III LP and GEC Partners III-GI LP, and GEC Group Ltd. is the general partner of GEC Capital Group III LP. GEC Capital Group III-B LP is the managing member or general partner of each of GEC Estis Co-Invest II LLC and GEC Partners III-B LP, and GEC Group B Ltd. is the general partner of GEC Capital Group III-B LP. Mr. Fairbanks is the manager and controlling member of GEC, GEC Group Ltd. and GEC Group B. Ltd, as well as GEC Advisors LLC, a registered investment advisor to the funds that beneficially own such shares, with discretionary authority over each such fund's accounts. Each of Mr. Fairbanks, GEC Advisors, GEC Capital Group III LP, G EC Group B Ltd., disclaims beneficial ownership of these securities except to the extent of his or its pecuniary interest therein.

Remarks:
In connection with the Master Reorganization Agreement, the Reporting Persons entered into a Stockholders Agreement with certain other stockholders of the Issuer, pursuant to which, among other matters, they agreed to vote in favor of each others' director nominees. As a result, certain Reporting Persons may be deemed to be members of a "group," as such term is defined in Section 13(d)(3) of the Act and Rule 13d-5 thereunder, with such other stockholders of the Issuer. Collectively, such "group" may be deemed to beneficially own in the aggregate more than 50% of the shares of the Issuer's Class A Common Stock outstanding after giving effect to the shares issued in the IPO (assuming the underwriters' option to purchase additional shares is not exercised). Accordingly, the Reporting Persons are filing this Form 4 in part by virtue of their deemed membership in such "group." Each of GEC Advisors, GEC Group B Ltd., GEC Capital Group III-B LP, GEC Group Ltd., GEC Capital Group III LP, GEC Partners III-B LP , GEC Partners III LP and GEC Estis Co-Invest II LLC may be deemed to be a director by deputization by virtue of the right of the GEC parties to the Stockholders Agreement and their affiliates to designate two members of the Issuer's board of directors pursuant to the Stockholders Agreement. However, each of the Reporting Persons disclaims any pecuniary interest in the shares of Class A Common Stock owned directly by such other stockholders, and such shares are not reflected in the tables herein.

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