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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC Form 4

FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Wilks Brothers, LLC
(Last) (First) (Middle)
17010 IH 20
(Street)
CISCO TX 76437
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CARBO CERAMICS INC [ CRR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) X Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 11/14/2017 P 134,356 A $8.57(1) 1,384,499(2) D
Common Stock 11/15/2017 P 115,644 A $8.83(3) 1,500,143(2) D
Common Stock 11/21/2017 P 20,000 A $9.94(4) 1,520,143(2) D
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Call Option (right to buy) $10 12/08/2017 P 2,000 12/08/2017 12/15/2017 Common Stock 200,000 $0.55 2,000 D
Call Option (right to buy) $10 12/15/2017 E 2,000 12/08/2017 12/15/2017 Common Stock 200,000 $0.00 0 D
Put Option (obligation to buy) $13 05/31/2017 S 6,275 05/31/2017 12/15/2017 Common Stock 627,500 $5.42 6,275 D
Put Option (obligation to buy) $14 05/31/2017 P 6,275 05/31/2017 06/15/2017 Common Stock 627,500 $6.49 6,275 D
Put Option (obligation to buy) $13 12/04/2017 S 6,275 12/04/2017 06/15/2018 Common Stock 627,500 $3.8 6,275 D
Put Option (obligation to buy) $14 12/04/2017 P 6,275 12/04/2017 12/15/2017 Common Stock 627,500 $3.7 6,275 D
1. Name and Address of Reporting Person*
Wilks Brothers, LLC
(Last) (First) (Middle)
17010 IH 20
(Street)
CISCO TX 76437
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Wilks Dan H.
(Last) (First) (Middle)
17010 IH 20
(Street)
CISCO TX 76437
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Wilks Staci
(Last) (First) (Middle)
17010 IH 20
(Street)
CISCO TX 76437
(City) (State) (Zip)
1. Name and Address of Reporting Person*
Wilks Farris
(Last) (First) (Middle)
17010 IH 20
(Street)
CISCO TX 76437
(City) (State) (Zip)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.41 to $8.58, inclusive.
2. These shares of Common Stock are beneficially owned directly by Dan Wilks and Staci Wilks. This Form 4 is also filed by Wilks Brothers, LLC, which directly beneficially owns 2,294,772 shares of Common Stock. See Remarks.
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.54 to $8.87, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.93 to $9.97, inclusive.
Remarks:
This Form 4 is also being filed by (i) Dan H. Wilks, in his capacity as a managing member of Wilks Brothers, LLC (ii) Farris Wilks, in his capacity as a managing member of Wilks Brothers, LLC and (iii) Staci Wilks. Dan H. Wilks and Staci Wilks are husband and wife and Dan H. Wilks and Farris Wilks are brothers. Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4. Certain of these transactions are matchable transactions under Section 16(b) of the Exchange Act. The reporting person has disgorged the full amount of recoverable profits to the Issuer.
Dan H. Wilks, By: /s/ Morgan D Neff, Morgan D Neff, as Attorney-in-Fact 12/29/2017
Staci Wilks, By: /s/ Morgan D Neff, Morgan D Neff, as Attorney-in-Fact 12/29/2017
Farris Wilks, By: /s/ Morgan D Neff, Morgan D Neff, as Attorney-in-Fact 12/29/2017
WILKS BROTHERS, LLC, By: /s/ Morgan D Neff, Name: Morgan D Neff, Title: Attorney-in-Fact 12/29/2017
** Signature of Reporting Person Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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