Marty Stromquist - Feb 28, 2022 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role
Director
Signature
/s/ Ori Lev, attorney-in-fact
Stock symbol
NCSM
Transactions as of
Feb 28, 2022
Transactions value $
-$197,864
Form type
4
Date filed
3/2/2022, 02:10 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 +3K +37.82% $0.00 10.9K Feb 28, 2022 Direct F1
transaction NCSM Common Stock Tax liability -$128K -3K -27.44% $42.80 7.94K Feb 28, 2022 Direct F1
transaction NCSM Common Stock Disposed to Issuer -$69.4K -1.62K -20.42% $42.80 6.32K Feb 28, 2022 Direct F2
holding NCSM Common Stock 33.2K Feb 28, 2022 By Corporation F3
holding NCSM Common Stock 5.67K Feb 28, 2022 See Footnote F4

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 -3K -52.27% $0.00 2.74K Feb 28, 2022 Common Stock 3K Direct F1, F5, F6
* 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 Held by Stromquist Technologies Inc., a corporation of which the Reporting Person is a controlling shareholder. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Stromquist Technologies Inc. except to the extent of his pecuniary interest therein.
F4 Held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer?s securities held by Cemblend Systems Inc. except to the extent of his pecuniary interest therein.
F5 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.
F6 Includes 2,741 equivalent stock units which vest on February 28, 2023.