David A. Paterson - Jun 1, 2022 Form 4 Insider Report for NEWPARK RESOURCES INC (NR)

Role
VP & President, Fluids Systems
Signature
By: E. Chipman Earle For: David Paterson
Stock symbol
NR
Transactions as of
Jun 1, 2022
Transactions value $
-$75,219
Form type
4
Date filed
6/3/2022, 07:46 PM
Previous filing
May 24, 2022
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +33.2K +21% $0.00 191K Jun 1, 2022 Direct
transaction NR Common Stock Tax liability -$36.2K -8.08K -4.23% $4.48 183K Jun 1, 2022 Direct F1
transaction NR Common Stock Options Exercise $0 +35.8K +19.55% $0.00 219K Jun 1, 2022 Direct
transaction NR Common Stock Tax liability -$39K -8.71K -3.98% $4.48 210K Jun 1, 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 -33.2K -13.09% $0.00 220K Jun 1, 2022 Common Stock 33.2K $0.00 Direct F2, F3
transaction NR Restricted Stock Units Options Exercise $0 -35.8K -16.25% $0.00 184K Jun 1, 2022 Common Stock 35.8K $0.00 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.