Kenneth Pucheu - 08 Apr 2022 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role: CFO
Signature: /s/ Kevin McDonald, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 08 Apr 2022
Net transactions value: -$34,342
Form type: 4
Filing time: 12 Apr 2022, 17:31:01 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	$0	+8,334	+4.6%	$0.000000	187,824	08 Apr 2022	Direct
transaction	NEX	Common Stock	Tax liability	$34,342	-3,280	-1.7%	$10.47	184,544	08 Apr 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	-8,334	-2.4%	$0.000000	345,844	08 Apr 2022	Common Stock	8,334		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.