Oladipo Iluyomade - Jan 25, 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role: Chief Accounting Officer
Signature: /s/ Kevin McDonald, Attorney-in-Fact
Stock symbol: NEX
Transactions as of: Jan 25, 2022
Transactions value $: -$12,173
Form type: 4
Date filed: 1/27/2022, 03:16 PM
Previous filing: Jan 18, 2022
Next filing: Jan 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEX	Common Stock	Options Exercise		+7.04K	+133.31%		12.3K	Jan 25, 2022	Direct	F1
transaction	NEX	Common Stock	Tax liability	-$12.2K	-2.09K	-16.95%	$5.83	10.2K	Jan 25, 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 Unit	Options Exercise	$0	-7.04K	-13.66%	$0.00	44.5K	Jan 25, 2022	Common Stock	7.04K		Direct	F1, F2

* 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 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.