Kevin M. McDonald - 02 Jan 2023 Form 4/A - Amendment Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
EVP, Chief Admin. Officer & GC
Signature
/s/ Kevin McDonald
Issuer symbol
N/A
Transactions as of
02 Jan 2023
Net transactions value
-$478,762
Form type
4/A - Amendment
Filing time
11 Jan 2023, 20:11:06 UTC
Date Of Original Report
04 Jan 2023
Previous filing
07 Jun 2022
Next filing
05 Jan 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 $149,244 -16,152 -5.4% $9.24 285,129 02 Jan 2023 Direct F1
transaction NEX Common Stock Award $0 +102,586 +28% $0.000000 467,876 06 Jan 2023 Direct F2
transaction NEX Common Stock Tax liability $329,518 -38,316 -8.2% $8.60 429,560 06 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 Award $0 +62,630 +21% $0.000000 366,299 02 Jan 2023 Common Stock 62,630 Direct F3, F4, 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 correct an error in the number of shares reported in columns 4 and 5 of the Reporting Person's Form 4 filed on January 4, 2023.
F2 Each share of common stock was acquired for no consideration upon the vesting of performance share awards.
F3 Each restricted stock unit represents a contingent right to receive one share of NEX common stock.
F4 This amendment is being filed to address an error in the date reported in column 3 and the amount reported in column 9 of Table II in the Reporting Person's Form 4 filed on January 5, 2023. After giving effect to this amendment, the number of derivative securities beneficially owned as of the filing date of this Form 4/A is 238,346.
F5 These restricted stock units vest in three equal installments (34%, 33%, 33%) on each of January 2, 2024, 2025 and 2026.