Matthew Lanigan - 01 Jun 2023 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Role
President & CEO, Director
Signature
By: M. Celeste Fruge For: Matthew Lanigan
Issuer symbol
NPKI
Transactions as of
01 Jun 2023
Net transactions value
-$260,104
Form type
4
Filing time
05 Jun 2023, 20:09:23 UTC
Previous filing
22 May 2023
Next filing
06 Sep 2023
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 +108,652 +35% $0.000000 419,138 01 Jun 2023 Direct F1
transaction NR Common Stock Tax liability $156,907 -42,754 -10% $3.67 376,384 01 Jun 2023 Direct F2
transaction NR Common Stock Options Exercise $0 +34,373 +9.1% $0.000000 410,757 01 Jun 2023 Direct F1
transaction NR Common Stock Tax liability $49,637 -13,525 -3.3% $3.67 397,232 01 Jun 2023 Direct F2
transaction NR Common Stock Options Exercise $0 +37,090 +9.3% $0.000000 434,322 01 Jun 2023 Direct F1
transaction NR Common Stock Tax liability $53,560 -14,594 -3.4% $3.67 419,728 01 Jun 2023 Direct F2

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 -108,652 -14% $0.000000 693,086 01 Jun 2023 Common Stock 108,652 $0.000000 Direct F3, F4
transaction NR Restricted Stock Units Options Exercise $0 -34,373 -5% $0.000000 658,713 01 Jun 2023 Common Stock 34,373 $0.000000 Direct F3, F4
transaction NR Restricted Stock Units Options Exercise $0 -37,090 -5.6% $0.000000 621,623 01 Jun 2023 Common Stock 37,090 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 Reflects vesting of restricted stock units granted on May 21, 2020, May 20, 2021 and May 19, 2022, respectively, which awards vest in one-third increments on June 1 of each subsequent year following the date of grant.