MICHAEL L. MORRISON - 01 Nov 2024 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role: CFO & Treasurer
Signature: /s/ Ori Lev, attorney-in-fact
Issuer symbol: NCSM
Transactions as of: 01 Nov 2024
Net transactions value: -$43,328
Form type: 4
Filing time: 05 Nov 2024, 12:53:02 UTC
Previous filing: 08 Mar 2024
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCSM	Common Stock	Options Exercise	$0	+1,879	+36%	$0.000000	7,056	01 Nov 2024	Direct	F1
transaction	NCSM	Common Stock	Tax liability	$34,837	-1,879	-27%	$18.54	5,177	01 Nov 2024	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	$8,491	-458	-8.8%	$18.54	4,719	01 Nov 2024	Direct	F2, F3

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	NCSM	Equivalent Stock Units	Options Exercise	$0	-1,879	-12%	$0.000000	13,573	01 Nov 2024	Common Stock	1,879		Direct	F1, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Equivalent stock units vested on November 1, 2024 and settled for cash.
F2	These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
F3	Includes 1,877 restricted stock units which vest on November 1, 2025.
F4	These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.
F5	Includes 1,877 equivalent stock units which vest on November 1, 2025 and 11,696 equivalent stock units which vest in three equal annual installments beginning on February 28, 2025.