Paul L. Howes - 18 May 2021 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Signature
By: Amanda A. Salazar For: Paul L. Howes
Issuer symbol
NPKI
Transactions as of
18 May 2021
Net transactions value
-$20,782
Form type
4
Filing time
20 May 2021, 14:35:40 UTC
Next filing
03 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +25,000 +2.4% $0.000000 1,061,226 18 May 2021 Direct
transaction NR Common Stock Tax liability $20,782 -5,725 -0.54% $3.63 1,055,501 18 May 2021 Direct F1
holding NR Common Stock 25,000 18 May 2021 by Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NR Restricted Stock Units Options Exercise $0 -25,000 -4% $0.000000 593,063 18 May 2021 Common Stock 25,000 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted shares.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The restricted stock units vest at a rate of 50% of the shares on May 18, 2019 and 50% of the shares on May 18, 2021.