Douglas L. White - 20 Nov 2023 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Signature
By: M. Celeste Fruge For: Douglas L White
Issuer symbol
NPKI
Transactions as of
20 Nov 2023
Net transactions value
-$21,879
Form type
4
Filing time
21 Nov 2023, 16:48:23 UTC
Previous filing
16 Jun 2023
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +12,500 +6.8% $0.000000 196,475 20 Nov 2023 Direct F1
transaction NR Common Stock Tax liability $21,879 -3,043 -1.5% $7.19 193,432 20 Nov 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 -12,500 -11% $0.000000 97,332 20 Nov 2023 Common Stock 12,500 $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 Reflects the vesting of restricted stock units granted on November 20, 2019, which awards vest at a rate of 50% of the shares on November 20, 2021 and 50% of the shares on November 20, 2023