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

Role: Chief Financial Officer
Signature: /s/ Ori Lev, attorney-in-fact
Issuer symbol: NCSM
Transactions as of: 28 Feb 2022
Net transactions value: -$167,348
Form type: 4
Filing time: 02 Mar 2022, 14:18:01 UTC
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	+3,543	+23%	$0.000000	18,982	28 Feb 2022	Direct	F1
transaction	NCSM	Common Stock	Tax liability	$151,640	-3,543	-19%	$42.80	15,439	28 Feb 2022	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	$15,708	-367	-2.4%	$42.80	15,072	28 Feb 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	-3,543	-46%	$0.000000	4,079	28 Feb 2022	Common Stock	3,543		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 1,558 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 2,521 equivalent stock units which vest on February 28, 2023 and 1,558 equivalent stock units which vest in two equal annual installments beginning on February 28, 2023.