Lori Briggs - Sep 1, 2021 Form 3 Insider Report for NEWPARK RESOURCES INC (NR)

Signature
By: Amanda A. Salazar For: Lori A. Briggs
Stock symbol
NR
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
3
Date filed
9/1/2021, 04:02 PM
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NR Common Stock 31.2K Sep 1, 2021 Direct

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
holding NR Restricted Stock Units Sep 1, 2021 Common Stock 75.2K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported is an aggregate of the unvested portion of four outstanding awards. (1) A grant of 48,000 restricted stock units vest in increments of one-third of the shares each year - 16,000 shares will vest 06/01/2022, 16,000 shares will vest 06/01/2023 and 16,000 shares will vest 06/01/2024. (2) A grant of 33,000 restricted stock units vest in increments of one-third of the shares each year - 11,000 shares vested 06/01/2021, 11,000 shares will vest 06/01/2022 and 11,000 shares will vest 06/01/2023. (3) A grant of 6,586 restricted stock units vest in increments of one-third of the shares each year - 2,196 shares vested 06/01/2020, 2,195 shares vested 06/01/2021, and 2,195 shares will vest 06/01/2022. (4) A grant of 6,000 restricted stock units vest in increments of 50% of the shares on the second anniversary of the date of grant and 50% of the shares on the fourth anniversary of the date of grant - 3,000 shares vested 06/01/2021 and 3,000 shares will vest 06/01/2023.
F2 29,195 restricted stock units will vest 06/01/2022, 30,000 restricted stock units will vest 06/01/2023 and 16,000 restricted stock units will vest 06/01/2024.