Oladipo Iluyomade - Jan 8, 2022 Form 3 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Signature
//Kevin McDonald, Attorney-in-Fact
Stock symbol
NEX
Transactions as of
Jan 8, 2022
Transactions value $
$0
Form type
3
Date filed
1/18/2022, 04:15 PM
Next filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NEX Common Stock 5.28K Jan 8, 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
holding NEX Restricted Stock Unit Jan 8, 2022 Common Stock 3.7K $0.00 Direct F1, F2
holding NEX Restricted Stock Units Jan 8, 2022 Common Stock 20.7K $0.00 Direct F1, F3
* 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 On February 3, 2020, the reporting person was granted 11,203 restricted stock units subject to vesting in three ratable installments on each of January 2, 2021, 2022 and 2023. The remaining 3,696 restricted stock units will vest on January 2, 2023.
F3 On January 25, 2021, the reporting person was granted 20,702 restricted stock units subject to vesting in three ratable installments on each of January 25, 2022, 2023 and 2024.

Remarks:

Exhibit 24.1 - Power of Attoney