Robert Wayne Drummond Jr. - 02 Jan 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
President & CEO, Director
Signature
/s/ Valorie Wanner, attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 Jan 2022
Net transactions value
-$956,019
Form type
4
Filing time
06 Jan 2022, 16:46:28 UTC
Previous filing
05 Oct 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 +147,876 +27% $0.000000 687,828 02 Jan 2022 Direct
transaction NEX Common Stock Tax liability $228,158 -64,270 -9.3% $3.55 623,558 02 Jan 2022 Direct
transaction NEX Common Stock Options Exercise $0 +339,939 +55% $0.000000 963,497 04 Jan 2022 Direct
transaction NEX Common Stock Tax liability $727,861 -148,543 -15% $4.90 814,954 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 -147,876 -11% $0.000000 1,228,294 02 Jan 2022 Common Stock 147,876 Direct F1, F2
transaction NEX Restricted Stock Units Options Exercise $0 -339,939 -28% $0.000000 888,355 04 Jan 2022 Common Stock 339,939 Direct F1, F3
transaction NEX Restricted Stock Units Award $0 +610,596 +69% $0.000000 1,498,951 03 Jan 2022 Common Stock 610,596 Direct F1, F4
* 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 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.
F4 The restricted stock units will vest in three ratable installments on each of January 3, 2023, 2024 and 2025.