Matthew Lanigan - 01 Sep 2024 Form 4 Insider Report for NEWPARK RESOURCES INC (NPKI)

Signature
By: Celeste Fruge For: Matthew Lanigan
Issuer symbol
NPKI
Transactions as of
01 Sep 2024
Net transactions value
-$107,945
Form type
4
Filing time
04 Sep 2024, 19:37:47 UTC
Previous filing
04 Jun 2024
Next filing
16 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NR Common Stock Options Exercise $0 +33,333 +4.4% $0.000000 791,932 01 Sep 2024 Direct F1
transaction NR Common Stock Tax liability $107,945 -13,116 -1.7% $8.23 778,816 01 Sep 2024 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 -9.7% $0.000000 309,027 01 Sep 2024 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.