Exhibit 107
Calculation of Filing Fee Tables
Form S-4
(Form Type)
Dril-Quip, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type | Security Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||
Newly Registered Securities | ||||||||||||||||
Fees to Be Paid | Equity | Common stock, par value $0.01 per share | Other | 4,851,511(1) | — | $48,186,704(2) | 0.00014760 | $7,112.36 | ||||||||
Fees Previously Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||
Carry Forward Securities | ||||||||||||||||
Carry Forward Securities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||
Total Offering Amounts | $48,186,704 | $7,112.36 | ||||||||||||||
Total Fees Previously Paid | — | |||||||||||||||
Total Fee Offsets | — | |||||||||||||||
Net Fee Due | $7,112.36 |
(1) | Represents the estimated maximum number of shares of common stock, par value $0.01 per share (“Common Stock”), of Dril-Quip, Inc. (the “Registrant”) to be issued upon the completion of the mergers and other transactions contemplated by the Agreement and Plan of Merger, dated as of March 18, 2024, by and among the Registrant, Innovex Downhole Solutions, Inc. (“Innovex”), Ironman Merger Sub, Inc. and DQ Merger Sub, LLC, other than the shares of Common Stock issuable to the consenting stockholders (as defined in the registration statement), estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement also covers an indeterminate number of additional shares of the registrant as may be issuable as a result of stock splits, stock dividends or similar transactions. |
(2) | Estimated solely for purposes of calculating the registration fee required by Section 6(b) of the Securities Act and calculated pursuant to Rule 457(f)(2) under the Securities Act. Innovex is a private company, and no market exists for its securities. The proposed maximum aggregate offering price for the Innovex securities to be exchanged in connection with the mergers, other than the Innovex securities to be exchanged by the consenting stockholders, equals the aggregate book value of such securities, as of December 31, 2023, which is approximately $48,186,704, or $19.24 per share of Innovex’s common stock, par value $0.01 per share, outstanding as of April 15, 2024 and calculated on a fully diluted basis. |