Kenneth Pucheu - 02 Jan 2023 Form 4/A - Amendment Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role: Chief Financial Officer
Signature: /s/ Kevin McDonald, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 02 Jan 2023
Net transactions value: -$546,007
Form type: 4/A - Amendment
Filing time: 06 Jan 2023, 18:50:11 UTC
Date Of Original Report: 04 Jan 2023
Previous filing: 07 Jun 2022
Next filing: 01 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEX	Common Stock	Tax liability	$97,750	-10,579	-8.9%	$9.24	108,611	02 Jan 2023	Direct	F1
transaction	NEX	Common Stock	Options Exercise		+55,361	+51%		163,972	03 Jan 2023	Direct	F2
transaction	NEX	Common Stock	Tax liability	$184,955	-21,785	-13%	$8.49	142,187	03 Jan 2023	Direct
transaction	NEX	Common Stock	Options Exercise		+79,186	+56%		221,373	04 Jan 2023	Direct	F2
transaction	NEX	Common Stock	Tax liability	$263,302	-31,160	-14%	$8.45	190,213	04 Jan 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	-55,361	-17%	$0.000000	265,837	03 Jan 2023	Common Stock	55,361		Direct	F2, F3
transaction	NEX	Restricted Stock Units	Award	$0	+73,068	+27%	$0.000000	338,905	03 Jan 2023	Common Stock	73,068		Direct	F2, F4
transaction	NEX	Restricted Stock Units	Options Exercise	$0	-79,186	-23%	$0.000000	259,719	04 Jan 2023	Common Stock	79,186		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.