Kevin M. McDonald - 27 Feb 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role: EVP, Chief Admin. Officer & GC
Signature: /s/ Kevin McDonald
Issuer symbol: N/A
Transactions as of: 27 Feb 2022
Net transactions value: -$66,062
Form type: 4
Filing time: 01 Mar 2022, 16:51:20 UTC
Previous filing: 20 Jan 2022
Next filing: 26 May 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		+24,599	+7.1%		369,926	27 Feb 2022	Direct	F1
transaction	NEX	Common Stock	Tax liability	$66,062	-9,188	-2.5%	$7.19	360,738	27 Feb 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	-24,599	-6.7%	$0.000000	344,212	27 Feb 2022	Common Stock	24,599		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	The recipient received a grant of 73,793 RSUs in February of 2019, which vested in three ratable installments on each of February 27, 2020, 2021 and 2022.