Theodore R. Moore - 06 Apr 2023 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
06 Apr 2023
Net transactions value
-$39,433
Form type
4
Filing time
10 Apr 2023, 17:46:26 UTC
Previous filing
14 Mar 2023
Next filing
05 May 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 $39,433 -7,209 -4.9% $5.47 139,141 06 Apr 2023 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 April 6, 2020. The number of shares of common stock withheld was determined based on the closing price of the Issuer's common stock on April 6, 2023.
F2 Reflects the transfer of 4,326 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