David Andrew Paterson - 15 Jul 2021 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Role
VP & President, Fluid Systems
Signature
By: Amanda A. Salazar For: David A. Paterson
Issuer symbol
NPKI
Transactions as of
15 Jul 2021
Net transactions value
-$35,673
Form type
4
Filing time
16 Jul 2021, 20:21:21 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 +50,000 +42% $0.000000 170,116 15 Jul 2021 Direct
transaction NR Common Stock Tax liability $35,673 -12,175 -7.2% $2.93 157,941 15 Jul 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 -12,175 -7% $0.000000 161,523 15 Jul 2021 Common Stock 12,175 $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 will vest at a rate of 50% of the shares on July 15, 2021 and 50% of the shares on July 15, 2023.