Ryan Hummer - 28 Feb 2023 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 2023
Net transactions value
-$108,329
Form type
4
Filing time
02 Mar 2023, 16:02:22 UTC
Previous filing
03 Nov 2022
Next filing
02 Nov 2023
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 +4,155 +14% $0.000000 34,470 28 Feb 2023 Direct F1
transaction NCSM Common Stock Tax liability $99,055 -4,155 -12% $23.84 30,315 28 Feb 2023 Direct F1
transaction NCSM Common Stock Disposed to Issuer $9,274 -389 -1.3% $23.84 29,926 28 Feb 2023 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 -4,155 -22% $0.000000 15,167 28 Feb 2023 Common Stock 4,155 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, 2023 and settled for cash.
F2 These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
F3 Includes 779 restricted stock units which vest on February 28, 2024, 1,708 restricted stock units which vest in two equal annual installments beginning on February 28, 2024 and 12,680 restricted stock units which vest in three equal annual installments beginning on November 1, 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 779 equivalent stock units which vest on February 28, 2024, 1,708 equivalent stock units which vest in two equal annual installments beginning on February 28, 2024 and 12,680 equivalent stock units which vest in three equal annual installments beginning on November 1, 2023.