Matthew Lanigan - 01 Sep 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 Sep 2023
Net transactions value: -$80,401
Form type: 4
Filing time: 06 Sep 2023, 16:56:20 UTC
Previous filing: 05 Jun 2023
Next filing: 17 May 2024
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	+33,333	+7.9%	$0.000000	453,061	01 Sep 2023	Direct	F1
transaction	NR	Common Stock	Tax liability	$80,401	-13,116	-2.9%	$6.13	439,945	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	-33,333	-5.4%	$0.000000	588,290	01 Sep 2023	Common Stock	33,333	$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.