Lori Briggs - Sep 1, 2023 Form 4 Insider Report for NEWPARK RESOURCES INC (NR)

Signature
By: M. Celeste Fruge For: Lori Briggs
Stock symbol
NR
Transactions as of
Sep 1, 2023
Transactions value $
-$40,201
Form type
4
Date filed
9/6/2023, 04:55 PM
Previous filing
Jun 16, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +16.7K +16.47% $0.00 118K Sep 1, 2023 Direct F1
transaction NR Common Stock Tax liability -$40.2K -6.56K -5.56% $6.13 111K Sep 1, 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 -16.7K -9.52% $0.00 158K Sep 1, 2023 Common Stock 16.7K $0.00 Direct F1, F3
* 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 The Restricted stock units vest in increments of one-third of the shares on September 1 of each subsequent year after grant.