Douglas L. White - 20 Nov 2021 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Signature
By: Amanda A. Salazar For: Douglas L. White
Issuer symbol
NPKI
Transactions as of
20 Nov 2021
Net transactions value
-$8,277
Form type
4
Filing time
23 Nov 2021, 09:40:21 UTC
Previous filing
18 Aug 2021
Next filing
17 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +12,500 +13% $0.000000 109,486 20 Nov 2021 Direct
transaction NR Common Stock Tax liability $8,277 -3,043 -2.8% $2.72 106,443 20 Nov 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 -12,500 -10% $0.000000 108,754 20 Nov 2021 Common Stock 12,500 $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 November 20, 2021 and 50% of the shares on November 20, 2023.