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

Role: Chief Accounting Officer
Signature: /s/ Kevin McDonald, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 25 Jan 2022
Net transactions value: -$12,173
Form type: 4
Filing time: 27 Jan 2022, 15:16:17 UTC
Previous filing: 18 Jan 2022
Next filing: 11 Jan 2023
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		+7,040	+133%		12,321	25 Jan 2022	Direct	F1
transaction	NEX	Common Stock	Tax liability	$12,173	-2,088	-17%	$5.83	10,233	25 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 Unit	Options Exercise	$0	-7,040	-14%	$0.000000	44,496	25 Jan 2022	Common Stock	7,040		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.