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

Role
EVP, Chief Admin. Officer & GC
Signature
/s/ Kevin McDonald
Stock symbol
NEX
Transactions as of
Jan 2, 2023
Transactions value $
-$478,762
Form type
4/A - Amendment
Date filed
1/11/2023, 08:11 PM
Date Of Original Report
Jan 4, 2023
Previous filing
Jun 7, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Tax liability -$149K -16.2K -5.36% $9.24 285K Jan 2, 2023 Direct F1
transaction NEX Common Stock Award $0 +103K +28.08% $0.00 468K Jan 6, 2023 Direct F2
transaction NEX Common Stock Tax liability -$330K -38.3K -8.19% $8.60 430K Jan 6, 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 +62.6K +20.62% $0.00 366K Jan 2, 2023 Common Stock 62.6K 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.