Burns Lamphung Ngo - 07 Aug 2021 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role: Chief Accounting Officer
Signature: Valorie Wanner, as attorney in fact
Issuer symbol: N/A
Transactions as of: 07 Aug 2021
Net transactions value: -$17,351
Form type: 4
Filing time: 10 Aug 2021, 14:52:52 UTC
Next filing: 16 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEX	Common Stock	Options Exercise	$0	+18,700	+36%	$0.000000	70,154	07 Aug 2021	Direct
transaction	NEX	Common Stock	Tax liability	$17,351	-4,554	-6.5%	$3.81	65,600	07 Aug 2021	Direct

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	NEX	Restricted Stock Units	Options Exercise	$0	-18,700	-13%	$0.000000	127,573	07 Aug 2021	Common Stock	18,700		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Restricted Stock Units convert into common stock on a one-for-one basis.
F2	The restricted stock units vest in three installments on each of August 7, 2021, 2022 and 2023.