Edward Chipman Earle - 01 Jun 2021 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Role: VP, General Counsel, CAO
Signature: By: Amanda A. Salazar For: Edward Chipman Earle
Issuer symbol: NPKI
Transactions as of: 01 Jun 2021
Net transactions value: -$55,711
Form type: 4
Filing time: 03 Jun 2021, 08:04:55 UTC
Previous filing: 03 Jun 2021
Next filing: 24 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NR	Common Stock	Options Exercise	$0	+43,841	+52%	$0.000000	127,688	01 Jun 2021	Direct
transaction	NR	Common Stock	Tax liability	$37,469	-10,675	-8.4%	$3.51	117,013	01 Jun 2021	Direct	F1
transaction	NR	Common Stock	Options Exercise	$0	+21,347	+18%	$0.000000	138,360	01 Jun 2021	Direct
transaction	NR	Common Stock	Tax liability	$18,241	-5,197	-3.8%	$3.51	133,163	01 Jun 2021	Direct	F1

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	-43,841	-25%	$0.000000	130,374	01 Jun 2021	Common Stock	43,841	$0.000000	Direct	F2, F3
transaction	NR	Restricted Stock Units	Options Exercise	$0	-21,347	-16%	$0.000000	109,027	01 Jun 2021	Common Stock	21,347	$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 in increments of one-third of the shares on June 1 of each subsequent year after grant.