Lori Briggs - 01 Sep 2023 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Role
VP & President, Ind. Solutions
Signature
By: M. Celeste Fruge For: Lori Briggs
Issuer symbol
NPKI
Transactions as of
01 Sep 2023
Net transactions value
-$40,201
Form type
4
Filing time
06 Sep 2023, 16:55:35 UTC
Previous filing
16 Jun 2023
Next filing
15 Dec 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 +16,667 +16% $0.000000 117,854 01 Sep 2023 Direct F1
transaction NR Common Stock Tax liability $40,201 -6,558 -5.6% $6.13 111,296 01 Sep 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 -16,667 -9.5% $0.000000 158,479 01 Sep 2023 Common Stock 16,667 $0.000000 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.