Burns Lamphung Ngo - Aug 7, 2021 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role
Chief Accounting Officer
Signature
Valorie Wanner, as attorney in fact
Stock symbol
NEX
Transactions as of
Aug 7, 2021
Transactions value $
-$17,351
Form type
4
Date filed
8/10/2021, 02:52 PM
Next filing
Sep 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Options Exercise $0 +18.7K +36.34% $0.00 70.2K Aug 7, 2021 Direct
transaction NEX Common Stock Tax liability -$17.4K -4.55K -6.49% $3.81 65.6K Aug 7, 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 -18.7K -12.78% $0.00 128K Aug 7, 2021 Common Stock 18.7K 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.