James Gambrell King - Feb 28, 2022 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role: Chief Strategy Officer
Signature: /s/ Ori Lev, attorney-in-fact
Stock symbol: NCSM
Transactions as of: Feb 28, 2022
Transactions value $: -$124,206
Form type: 4
Date filed: 3/2/2022, 02:04 PM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCSM	Common Stock	Options Exercise	$0	+2.66K	+57.57%	$0.00	7.27K	Feb 28, 2022	Direct	F1
transaction	NCSM	Common Stock	Tax liability	-$114K	-2.66K	-36.54%	$42.80	4.61K	Feb 28, 2022	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	-$10.6K	-247	-5.36%	$42.80	4.37K	Feb 28, 2022	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	-2.66K	-48.32%	$0.00	2.84K	Feb 28, 2022	Common Stock	2.66K		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 February 28, 2022 and settled for cash.
F2	These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
F3	Includes 1,196 restricted stock units which vest in two equal annual installments beginning on February 28, 2023.
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 1,644 equivalent stock units which vest on February 28, 2023 and 1,196 equivalent stock units which vest in two equal annual installments beginning on February 28, 2023.