Kenneth Pucheu - Apr 8, 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role
CFO
Signature
/s/ Kevin McDonald, Attorney-in-Fact
Stock symbol
NEX
Transactions as of
Apr 8, 2022
Transactions value $
-$34,342
Form type
4
Date filed
4/12/2022, 05:31 PM
Previous filing
Jan 20, 2022
Next filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Options Exercise $0 +8.33K +4.64% $0.00 188K Apr 8, 2022 Direct
transaction NEX Common Stock Tax liability -$34.3K -3.28K -1.75% $10.47 185K Apr 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
transaction NEX Restricted Stock Units Options Exercise $0 -8.33K -2.35% $0.00 346K Apr 8, 2022 Common Stock 8.33K 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 ("RSUs") convert into common stock on a one-for-one basis.
F2 The recipient received a grant of 25,000 RSUs in April of 2019, which vested in three ratable installments on each of April 8, 2020, 2021 and 2022.