Matthew Lanigan - 01 Jun 2022 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Signature
By: E. Chipman Earle For: Matthew Lanigan
Issuer symbol
NPKI
Transactions as of
01 Jun 2022
Net transactions value
-$199,553
Form type
4
Filing time
03 Jun 2022, 19:44:24 UTC
Previous filing
24 May 2022
Next filing
09 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +25,000 +13% $0.000000 214,494 01 Jun 2022 Direct
transaction NR Common Stock Tax liability $44,070 -9,837 -4.6% $4.48 204,657 01 Jun 2022 Direct F1
transaction NR Common Stock Options Exercise $0 +16,737 +8.2% $0.000000 221,394 01 Jun 2022 Direct
transaction NR Common Stock Tax liability $29,505 -6,586 -3% $4.48 214,808 01 Jun 2022 Direct F1
transaction NR Common Stock Options Exercise $0 +34,374 +16% $0.000000 249,182 01 Jun 2022 Direct
transaction NR Common Stock Tax liability $60,596 -13,526 -5.4% $4.48 235,656 01 Jun 2022 Direct F1
transaction NR Common Stock Options Exercise $0 +37,090 +16% $0.000000 272,746 01 Jun 2022 Direct
transaction NR Common Stock Tax liability $65,381 -14,594 -5.4% $4.48 258,152 01 Jun 2022 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 -25,000 -3.9% $0.000000 622,708 01 Jun 2022 Common Stock 25,000 $0.000000 Direct F2, F3
transaction NR Restricted Stock Units Options Exercise $0 -16,737 -2.7% $0.000000 605,971 01 Jun 2022 Common Stock 16,737 $0.000000 Direct F2, F4
transaction NR Restricted Stock Units Options Exercise $0 -34,374 -5.7% $0.000000 571,597 01 Jun 2022 Common Stock 34,374 $0.000000 Direct F2, F4
transaction NR Restricted Stock Units Options Exercise $0 -37,090 -6.5% $0.000000 534,507 01 Jun 2022 Common Stock 37,090 $0.000000 Direct F2, F4
* 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 June 1, 2020 and 50% of the shares on June 1, 2022.
F4 The restricted stock units vest in increments of one-third of the shares on June 1 of each subsequent year after grant.