Form: 3/A

Initial statement of beneficial ownership of securities

February 8, 2018

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


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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1. Name and Address of Reporting Person*
Ladhani Holli C.

(Last) (First) (Middle)
515 POST OAK BLVD., STE. 200

(Street)
HOUSTON TX 77027

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2017
3. Issuer Name and Ticker or Trading Symbol
Select Energy Services, Inc. [ WTTR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
5. If Amendment, Date of Original Filed (Month/Day/Year)
11/01/2017
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 14,062(1)(2) D
Class A Common Stock 39,582(1)(3) I By Holli Ladhani RES, LLC(4)
Class A Common Stock 39,582(1)(5) I By Shaheen Ladhani RES, LLC(6)
Class A Common Stock 50,436(1)(7) I By Shaheen Ladhani RES No. 1, LLC(8)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 17,984 13.99 I See footnote(10)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 7,391 14.03 I See footnote(10)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 18,327 12.77 I See footnote(10)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 27,076 15.6 I See footnote(10)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 17,984 13.99 I See footnote(11)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 7,391 14.03 I See footnote(11)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 18,327 12.77 I See footnote(11)
Stock Options (right to buy) 11/01/2017(9) 03/14/2021 Class A Common Stock 27,069 15.6 I See footnote(11)
Explanation of Responses:
1. This amendment is being filed to correct the amount of Class A common stock and stock options directly and indirectly held by the reporting person and also to include stock options that were omitted from the reporting person's original Form 3.
2. Received in exchange for 18,377 shares of Class A common stock, $0.01 par value per share ("Rockwater Class A Common Stock"), of Rockwater Energy Solutions, Inc. ("Rockwater") in connection with the acquisition of Rockwater by Select Energy Services, Inc. (the "Merger").
3. Received in exchange for 51,728 shares of Rockwater Class A Common Stock in connection with the Merger.
4. Represents 39,582 shares of Class A common stock held by Holli Ladhani RES, LLC, of which Ms. Ladhani is the sole member.
5. Received in exchange for 51,728 shares of Rockwater Class A Common Stock in connection with the Merger.
6. Represents 39,582 shares of Class A common stock held by Shaheen Ladhani RES, LLC, of which the spouse of Ms. Ladhani is the sole member.
7. Received in exchange for 65,913 shares of Rockwater Class A Common Stock in connection with the Merger.
8. Represents 50,436 shares of Class A common stock held by Shaheen Ladhani RES No. 1, LLC, of which the spouse of Ms. Ladhani is the sole member.
9. These options, granted as substitute awards under the Plan, are all exercisable.
10. These options are held by Holli Ladhani RES, LLC, of which Ms. Ladhani is the sole member.
11. These options are held by Shaheen Ladhani RES, LLC, of which the spouse of Ms. Ladhani is the sole member.
Remarks:
See attached for Exhibit 24 - Power of Attorney.
/s/ Holli Ladhani by Adam Law, as Attorney-in-Fact 02/08/2018
** 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 5 (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.

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