Kenneth Pucheu - Jan 2, 2023 Form 4/A - Amendment Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role
Chief Financial Officer
Signature
/s/ Kevin McDonald, Attorney-in-Fact
Stock symbol
NEX
Transactions as of
Jan 2, 2023
Transactions value $
-$546,007
Form type
4/A - Amendment
Date filed
1/6/2023, 06:50 PM
Date Of Original Report
Jan 4, 2023
Previous filing
Jun 7, 2022
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Tax liability -$97.7K -10.6K -8.88% $9.24 109K Jan 2, 2023 Direct F1
transaction NEX Common Stock Options Exercise +55.4K +50.97% 164K Jan 3, 2023 Direct F2
transaction NEX Common Stock Tax liability -$185K -21.8K -13.29% $8.49 142K Jan 3, 2023 Direct
transaction NEX Common Stock Options Exercise +79.2K +55.69% 221K Jan 4, 2023 Direct F2
transaction NEX Common Stock Tax liability -$263K -31.2K -14.08% $8.45 190K Jan 4, 2023 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 -55.4K -17.24% $0.00 266K Jan 3, 2023 Common Stock 55.4K Direct F2, F3
transaction NEX Restricted Stock Units Award $0 +73.1K +27.49% $0.00 339K Jan 3, 2023 Common Stock 73.1K Direct F2, F4
transaction NEX Restricted Stock Units Options Exercise $0 -79.2K -23.37% $0.00 260K Jan 4, 2023 Common Stock 79.2K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed to address an error in the number of shares reported in column 4 and 5 of the Reporting Person's Form 4 filed on January 4, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of NEX common stock.
F3 On January 3, 2022, the Reporting Person was granted 162,826 restricted stock units, vesting in three equal installments on each of January 3, 2023, 2024 and 2025.
F4 These restricted stock units vest in three equal installments (34%, 33%, 33%) on each of January 3, 2023, 2024 and 2025.
F5 On January 4, 2021, the Reporting Person was granted 239,957 restricted stock units, vesting in three ratable installments on each of January 4, 2022, 2023 and 2024.