Mel G. Riggs - Jun 16, 2021 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role: Director
Signature: /s/ Valorie Wanner, attorney-in-fact
Stock symbol: NEX
Transactions as of: Jun 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/17/2021, 12:07 PM
Previous filing: Jun 25, 2021
Next filing: Oct 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEX	Common Stock	Award	$0	+54.6K	+72.77%	$0.00	130K	Jun 16, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents (1) shares of restricted stock scheduled to vest 100% on the earliest of (i) the first anniversary of the grant date,(ii) the date of the first meeting of the Company's stockholders at which directors will be elected in the calendar year following the calendar year in which the grant date occurs, (iii) the date of any termination without cause, death, and a change in control, all subject to the grantee's continued service as a director to the Company; and (2) 25,578 shares granted as a stock payment award under the Company's equity plan that vest immediately.

Content

Represents (1) shares of restricted stock scheduled to vest 100% on the earliest of (i) the first anniversary of the grant date,(ii) the date of the first meeting of the Company's stockholders at which directors will be elected in the calendar year following the calendar year in which the grant date occurs, (iii) the date of any termination without cause, death, and a change in control, all subject to the grantee's continued service as a director to the Company; and (2) 25,578 shares granted as a stock payment award under the Company's equity plan that vest immediately.