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

Role: Chief Executive Officer, Director
Signature: /s/ Ori Lev, attorney-in-fact
Stock symbol: NCSM
Transactions as of: Feb 28, 2022
Transactions value $: -$381,990
Form type: 4
Date filed: 3/2/2022, 02:15 PM
Previous filing: Jun 15, 2021
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	+8.14K	+38.14%	$0.00	29.5K	Feb 28, 2022	Direct	F1
transaction	NCSM	Common Stock	Tax liability	-$348K	-8.14K	-27.61%	$42.80	21.3K	Feb 28, 2022	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	-$33.7K	-788	-3.69%	$42.80	20.5K	Feb 28, 2022	Direct	F2, F3
holding	NCSM	Common Stock						91.7K	Feb 28, 2022	By Family Limited Partnership	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	-8.14K	-46.87%	$0.00	9.22K	Feb 28, 2022	Common Stock	8.14K		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	Includes 3,249 restricted stock units which vest in two equal annual installments beginning on February 28, 2023.
F4	These securities are held by the Nipper Family Limited Partnership, a limited partnership of which the Reporting Person is the trustee of the sole general partner, Nipper Family Management Trust. The Reporting Person disclaims beneficial ownership of the Issuer?s securities held by the Nipper Family Limited Partnership 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 5,975 equivalent stock units which vest on February 28, 2023 and 3,249 equivalent stock units which vest in two equal annual installments beginning on February 28, 2023.