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

Role
Director
Signature
/s/ Ori Lev, attorney-in-fact
Issuer symbol
NCSM
Transactions as of
28 Feb 2023
Net transactions value
-$100,128
Form type
4
Filing time
02 Mar 2023, 16:10:16 UTC
Previous filing
01 Dec 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 +2,741 +29% $0.000000 12,096 28 Feb 2023 Direct F1
transaction NCSM Common Stock Tax liability $65,345 -2,741 -23% $23.84 9,355 28 Feb 2023 Direct F1
transaction NCSM Common Stock Disposed to Issuer $34,783 -1,459 -16% $23.84 7,896 28 Feb 2023 Direct F2
holding NCSM Common Stock 30,173 28 Feb 2023 By Corporation F3
holding NCSM Common Stock 5,672 28 Feb 2023 See Footnote 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 -2,741 -100% $0.000000* 0 28 Feb 2023 Common Stock 2,741 Direct F1, 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 Held by Stromquist Technologies Inc., a corporation of which the Reporting Person is a controlling shareholder. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Stromquist Technologies Inc. except to the extent of his pecuniary interest therein.
F4 Held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Cemblend Systems Inc. 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.