Kevin M. McDonald - 02 Jan 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
EVP, Chief Admin. Officer & GC
Signature
/s/ Kevin McDonald
Issuer symbol
N/A
Transactions as of
02 Jan 2022
Net transactions value
-$213,951
Form type
4
Filing time
06 Jan 2022, 18:17:59 UTC
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 +40,543 +22% 222,408 02 Jan 2022 Direct F1
transaction NEX Common Stock Tax liability $61,316 -17,272 -7.8% $3.55 205,136 02 Jan 2022 Direct
transaction NEX Common Stock Options Exercise +79,546 +39% 284,682 04 Jan 2022 Direct F1
transaction NEX Common Stock Tax liability $152,635 -31,150 -11% $4.90 253,532 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 -40,543 -12% $0.000000 299,100 02 Jan 2022 Common Stock 40,543 Direct F1, F2
transaction NEX Restricted Stock Units Options Exercise $0 -79,546 -27% $0.000000 219,554 04 Jan 2022 Common Stock 79,546 Direct F1, F3
transaction NEX Restricted Stock Units Award $0 +149,257 +68% $0.000000 368,811 03 Jan 2022 Common Stock 149,257 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.