Theodore R. Moore - 09 Aug 2022 Form 4 Insider Report for Nine Energy Service, Inc. (NINE)

Role
Senior Vice President, General Counsel and Secretary
Signature
/s/ Theodore R. Moore
Issuer symbol
NINE
Transactions as of
09 Aug 2022
Net transactions value
-$25,106
Form type
4
Filing time
11 Aug 2022, 08:15:05 UTC
Previous filing
10 May 2022
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NINE Common Stock Tax liability $25,106 -8,903 -4.8% $2.82 178,136 09 Aug 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Nine Energy Service, Inc. (the "Issuer") withheld shares of its common stock ("common stock") that would have otherwise been issuable to the reporting person to satisfy the Issuer's tax withholding obligations in connection with the vesting and settlement of the time-based restricted stock award granted on August 9, 2021. The number of shares of common stock withheld was determined based on the closing price of the Issuer's common stock on August 9, 2022.
F2 Reflects the transfer of 546 shares of common stock by the reporting person to his ex-spouse since the date of the reporting person's last ownership report.

Remarks:

Senior Vice President, General Counsel and Secretary