Tim Willems - Mar 2, 2022 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role: Chief Operations Officer
Signature: /s/ Ori Lev, attorney-in-fact
Stock symbol: NCSM
Transactions as of: Mar 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/4/2022, 09:30 AM
Previous filing: Mar 2, 2022
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCSM	Common Stock	Award	$0	+2.56K	+54.05%	$0.00	7.31K	Mar 2, 2022	Direct	F1
holding	NCSM	Common Stock						27.4K	Mar 2, 2022	By Family Limited Partnership	F2

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	Award	$0	+2.56K	+62.83%	$0.00	6.64K	Mar 2, 2022	Common Stock	2.56K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,558 restricted stock units which vest in two equal annual installments beginning on February 28, 2023 and 2,563 restricted stock units which vest in three equal annual installments beginning on February 28, 2023.
F2	These securities are held by the Willems Family Limited Partnership, a limited partnership of which the Reporting Person and his spouse are co-trustees of the sole general partner, Willems Family Management Trust. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by the Willems Family Limited Partnership except to the extent of his pecuniary interest therein.
F3	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.
F4	Includes 2,521 equivalent stock units which vest on February 28, 2023, 1,558 equivalent stock units which vest in two equal annual installments beginning on February 28, 2023 and 2,563 equivalent stock units which vest in three equal annual installments beginning on February 28, 2023.