Ryan Hummer - 01 Nov 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: 01 Nov 2023
Net transactions value: -$73,861
Form type: 4
Filing time: 02 Nov 2023, 17:29:36 UTC
Previous filing: 02 Mar 2023
Next filing: 29 Feb 2024
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	+4,227	+14%	$0.000000	34,153	01 Nov 2023	Direct	F1
transaction	NCSM	Common Stock	Tax liability	$59,389	-4,227	-12%	$14.05	29,926	01 Nov 2023	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	$14,472	-1,030	-3.4%	$14.05	28,896	01 Nov 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	-4,227	-28%	$0.000000	10,940	01 Nov 2023	Common Stock	4,227		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.