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

Role
Chief Executive Officer, Director
Signature
/s/ Ori Lev, attorney-in-fact
Issuer symbol
NCSM
Transactions as of
28 Feb 2022
Net transactions value
-$381,990
Form type
4
Filing time
02 Mar 2022, 14:15:36 UTC
Previous filing
15 Jun 2021
Next filing
04 Mar 2022
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 +8,137 +38% $0.000000 29,472 28 Feb 2022 Direct F1
transaction NCSM Common Stock Tax liability $348,264 -8,137 -28% $42.80 21,335 28 Feb 2022 Direct F1
transaction NCSM Common Stock Disposed to Issuer $33,726 -788 -3.7% $42.80 20,547 28 Feb 2022 Direct F2, F3
holding NCSM Common Stock 91,743 28 Feb 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 -8,137 -47% $0.000000 9,224 28 Feb 2022 Common Stock 8,137 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.