Oladipo Iluyomade - 08 Jan 2022 Form 3 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
Chief Accounting Officer
Signature
//Kevin McDonald, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Jan 2022
Net transactions value
$0
Form type
3
Filing time
18 Jan 2022, 16:15:08 UTC
Next filing
18 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NEX Common Stock 5,281 08 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
holding NEX Restricted Stock Unit 08 Jan 2022 Common Stock 3,696 $0.000000 Direct F1, F2
holding NEX Restricted Stock Units 08 Jan 2022 Common Stock 20,702 $0.000000 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