Kenneth Pucheu - May 24, 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
May 24, 2022
Transactions value $
-$550,470
Form type
4
Date filed
5/26/2022, 04:26 PM
Previous filing
Apr 12, 2022
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Sale -$6.6K -600 -0.33% $11.00 184K May 24, 2022 Direct F1
transaction NEX Common Stock Sale -$285K -25.9K -14.08% $11.00 158K May 25, 2022 Direct F1, F2
transaction NEX Common Stock Sale -$259K -23.5K -14.87% $11.02 135K May 26, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2022.
F2 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.02, inclusive. The reporting person undertakes to provide to NexTier Oilfield Solutions Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.11, inclusive. The reporting person undertakes to provide to NexTier Oilfield Solutions Inc., any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.