Burns Lamphung Ngo - 02 Jan 2022 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
02 Jan 2022
Net transactions value
-$42,607
Form type
4
Filing time
06 Jan 2022, 16:22:42 UTC
Previous filing
16 Sep 2021
Next filing
20 Jan 2022
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 +12,323 +30% $0.000000 52,923 02 Jan 2022 Direct
transaction NEX Common Stock Tax liability $12,972 -3,654 -6.9% $3.55 49,269 02 Jan 2022 Direct
transaction NEX Common Stock Options Exercise $0 +20,396 +41% $0.000000 69,665 04 Jan 2022 Direct
transaction NEX Common Stock Tax liability $29,635 -6,048 -8.7% $4.90 63,617 04 Jan 2022 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 -12,323 -9.7% $0.000000 115,250 02 Jan 2022 Common Stock 12,323 Direct F1, F2
transaction NEX Restricted Stock Units Options Exercise $0 -20,396 -18% $0.000000 94,854 04 Jan 2022 Common Stock 20,396 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Burns Lamphung Ngo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 ratable installments on each of January 2, 2021, 2022 and 2023.
F3 The restricted stock units vest in three ratable installments on each of January 4, 2022, 2023 and 2024.