CJ 2018 Proxy Statement

SHARE OWNERSHIP INFORMATION * Represents less than 1% of the outstanding common stock. (1) Except as otherwise indicated, the mailing address of each person or entity named in the table is C&J Energy Services, Inc., 3990 Rogerdale Rd., Houston, Texas 77042. (2) The number of shares beneficially owned by the named person includes (a) any shares of restricted stock, whether vested or unvested, held by such person, (b) any shares that could be purchased upon the exercise of options and/or warrants held by such person as of April 4, 2018, or within 60 days after April 4, 2018, and (c) the target number of shares underlying the outstanding performance shares held by such person as of April 4, 2018. Unless otherwise indicated, each named person has sole voting and investment power with respect to the shares beneficially owned by such person. (3) Reflects the number of shares that could be purchased upon the exercise of options and/or warrants held by the named person as of April 4, 2018 or within 60 days after April 4, 2018. (4) Based on 68,413,275 common shares issued and outstanding as of April 4, 2018. (5) Mark Cashiola, our former Chief Financial Officer, resigned from the Company effective as of March 20, 2018. Michael Galvan, our Senior Vice President and Chief Accounting Officer, assumed the additional role of Chief Financial Officer on an interim basis until a replacement is appointed. (6) Based on the Schedule 13G filed for the period ended December 31, 2017 and filed with the SEC on February 14, 2018, reflects shares of common stock directly held by certain funds and accounts (each, a “Solus Fund”) for which Solus Alternative Asset Management LP is the investment manager. Solus GP LLC is the general partner of Solus Alternative Asset Management LP, and Christopher Pucillo is the managing member of Solus GP LLC. Each of Solus Alternative Asset Management LP, Solus GP LLC and Christopher Pucillo have shared voting power and shared dispositive power with respect to the 6,690,558 shares of common stock held by each Solus Fund. Each of the foregoing entities and individuals disclaims beneficial ownership of the shares of common stock described in this paragraph. The mailing address of each of the entities and persons identified in this paragraph is c/o Solus Alternative Asset Management LP, 410 Park Avenue, 11th Floor, New York, New York 10022. (7) Based on the Schedule 13G filed for the period ended December 31, 2017 and filed with the SEC on February 12, 2018, reflects 4,752,941 shares of common stock beneficially owned by The Vanguard Group, Inc. The address of The Vanguard Group is 100 Vanguard Blvd., Malvern, Pennsylvania, 19355. (8) Based on the Schedule 13G filed for the period ended December 31, 2017 and filed with the SEC on February 1, 2018, reflects 4,500,188 shares of common stock beneficially owned by BlackRock, Inc. The subsidiaries of Black Rock, Inc. that acquired shares reported by the BlackRock, Inc. are as follows: BlackRock International Limited; BlackRock Advisors, LLC; BlackRock Institutional Trust Company, National Association; BlackRock Asset Management Ireland Limited; BlackRock Financial Management, Inc.; BlackRock Japan Co., Ltd.; BlackRock Asset Management Schweiz AG; BlackRock Investment Management, LLC; BlackRock Investment Management (UK) Limited; BlackRock Asset Management Canada Limited; BlackRock (Luxembourg) S.A.; BlackRock Fund Advisors; and BlackRock Fund Managers Ltd. The address of BlackRock, Inc. is 55 East 52nd Street, New York, New York, 10055. (9) Based on the Schedule 13G filed for the period ended December 31, 2017 and filed with the SEC on January 30, 2018, reflects 4,121,462 shares of common stock beneficially owned by Wells Fargo & Company. The subsidiaries of Wells Fargo & Company that acquired the shares reported by Wells Fargo & Company are as follows: Wells Fargo Bank, National Association; Wells Capital Management Incorporated; Wells Fargo Funds Management, LLC; Analytic Investors, LLC; Wells Fargo Clearing Services, LLC; and Wells Fargo Advisors Financial Network, LLC. The address of Wells Fargo & Company is 420 Montgomery Street, San Francisco, CA 94163. (10) Based on the Schedule 13G filed for the period ended December 31, 2017 and filed with the SEC on February 14, 2018, reflects 4,020,635 shares of common stock directly held by GSO Capital Solutions Fund II (Luxembourg) S.a.r.l. (“GSO CSF II Lux”). The sole shareholder of GSO CSF II Lux is GSO Capital Solutions Fund II LP. The general partners of GSO Capital Solutions Fund II LP are GSO Capital Solutions Associates II (Delaware) LLC and GSO Capital Solutions Associates II (Cayman) Ltd. GSO Holdings I L.L.C. is the managing member of GSO Capital Solutions Associates II (Delaware) LLC and a shareholder of GSO Capital Solutions Associates II (Cayman) Ltd. Blackstone Holdings II L.P. is a managing member of GSO Holdings I L.L.C., an affiliate of GSO Capital Partners LP and The Blackstone Group L.P., with respect to securities beneficially owned by GSO Capital Solutions Associates II (Delaware) LLC. Blackstone Holdings I/II GP Inc. is the general partner of Blackstone Holdings II L.P. The Blackstone Group L.P. is the controlling shareholder of Blackstone Holdings I/II GP Inc. Blackstone Group Management L.L.C. is the general partner of The Blackstone Group L.P. Blackstone Group Management L.L.C. is wholly-owned by Blackstone’s senior managing directors and controlled by its founder, Stephen A. Schwarzman. In addition, each of Bennett J. Goodman and J. Albert Smith III serves as an executive of GSO Holdings I L.L.C. and may be deemed to have shared voting power and/or investment power with respect to the securities held by GSO CSF II Lux. Each of the foregoing entities is reported as having sole voting power and sole dispositive power with respect to the reported securities, and each individual is reported as having shared voting power and shared dispositive power with respect to the reported securities, and each of the entities and individuals disclaims beneficial ownership of the shares held directly by GSO CSF II Lux (other than GSO CSF II Lux to the extent of its direct holdings). In the ordinary course of business, GSO Capital Partners LP and its affiliates, including Blackstone, manage, advise or sub-advise certain funds whose portfolio companies may have relationships with us. The address of GSO CSF II Lux is 345 Park Avenue, 31st Floor, New York, New York 10154. (11) Michael Zawadzki is an employee of GSO Capital Partners LP and/or one of its affiliates. Mr. Zawadzki disclaims beneficial ownership of our common stock held by GSO CSF II Lux. 22 C&J ENERGY SERVICES, INC. 2018 PROXY STATEMENT