Robert Nipper - Feb 28, 2023 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role
Director
Signature
/s/ Ori Lev, attorney-in-fact
Stock symbol
NCSM
Transactions as of
Feb 28, 2023
Transactions value $
-$243,549
Form type
4
Date filed
3/2/2023, 04:09 PM
Previous filing
Mar 4, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCSM Common Stock Options Exercise $0 +9.39K +36.23% $0.00 35.3K Feb 28, 2023 Direct F1
transaction NCSM Common Stock Tax liability -$224K -9.39K -26.6% $23.84 25.9K Feb 28, 2023 Direct F1
transaction NCSM Common Stock Disposed to Issuer -$19.8K -831 -3.21% $23.84 25.1K Feb 28, 2023 Direct F2, F3
holding NCSM Common Stock 91.7K Feb 28, 2023 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 -9.39K -64.37% $0.00 5.19K Feb 28, 2023 Common Stock 9.39K 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, 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 1,624 restricted stock units which vest on February 28, 2024 and 3,570 restricted stock units which vest in two equal annual installments beginning on February 28, 2024.
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 1,624 equivalent stock units which vest on February 28, 2024 and 3,570 equivalent stock units which vest in two equal annual installments beginning on February 28, 2024.