Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.


On January 10, 2020, Flotek Industries, Inc. (the "Company") entered into a Purchase Agreement (the "Purchase Agreement") with its Chief Executive Officer and President, John W. Gibson, Jr. Pursuant to the Purchase Agreement, Mr. Gibson purchased 200,000 shares of the Company's common stock at a price of $1.69 per share. The Purchase Agreement, which includes customary representations and warranties and indemnification provisions, was entered into in connection with Mr. Gibson's right to purchase Company securities set forth in Section 3(f) of the previously announced Employment Agreement between the Company and Mr. Gibson, dated effective as of December 22, 2019.

The foregoing description of the Purchase Agreement is qualified in its entirety by reference to the copy thereof filed as Exhibit 10.1 to this Form 8-K, which is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.






  (d) Exhibits.




Exhibit
Number                                    Description

10.1           Purchase Agreement, dated January 10, 2020, between the Company and
             John W. Gibson, Jr.

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