Kenneth Pucheu - 02 Jan 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
CFO
Signature
Valorie Wanner, his attorney in fact
Issuer symbol
N/A
Transactions as of
02 Jan 2022
Net transactions value
-$203,433
Form type
4
Filing time
06 Jan 2022, 18:53:00 UTC
Previous filing
22 Feb 2023
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 +24,646 +51% 73,374 02 Jan 2022 Direct F1
transaction NEX Common Stock Tax liability $39,068 -11,005 -15% $3.55 62,369 02 Jan 2022 Direct
transaction NEX Common Stock Options Exercise +81,585 +131% 143,954 04 Jan 2022 Direct F1
transaction NEX Common Stock Tax liability $164,366 -33,544 -23% $4.90 110,410 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 -24,646 -8.3% $0.000000 272,937 02 Jan 2022 Common Stock 24,646 Direct F1, F2
transaction NEX Restricted Stock Units Options Exercise $0 -81,585 -30% $0.000000 191,352 04 Jan 2022 Common Stock 81,585 Direct F1, F3
transaction NEX Restricted Stock Units Award $0 +162,826 +85% $0.000000 354,178 03 Jan 2022 Common Stock 162,826 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 vest in three ratable installments on each of January 3, 2023, 2024 and 2025.