Ryan Hummer - Nov 1, 2023 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role
Chief Executive Officer, Director
Signature
/s/ Ori Lev, attorney-in-fact
Stock symbol
NCSM
Transactions as of
Nov 1, 2023
Transactions value $
-$73,861
Form type
4
Date filed
11/2/2023, 05:29 PM
Previous filing
Mar 2, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCSM Common Stock Options Exercise $0 +4.23K +14.12% $0.00 34.2K Nov 1, 2023 Direct F1
transaction NCSM Common Stock Tax liability -$59.4K -4.23K -12.38% $14.05 29.9K Nov 1, 2023 Direct F1
transaction NCSM Common Stock Disposed to Issuer -$14.5K -1.03K -3.44% $14.05 28.9K Nov 1, 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 -4.23K -27.87% $0.00 10.9K Nov 1, 2023 Common Stock 4.23K 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 November 1, 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 8,453 restricted stock units which vest in two equal annual installments beginning on November 1, 2024.
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 8,453 equivalent stock units which vest in two equal annual installments beginning on November 1, 2024.