Robert Wayne Drummond Jr. - 02 Jan 2023 Form 4/A - Amendment Insider Report for NEXTIER OILFIELD SOLUTIONS INC.

Role
President & CEO, Director
Signature
/s/ Kevin McDonald, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Jan 2023
Net transactions value
-$2,696,592
Form type
4/A - Amendment
Filing time
11 Jan 2023, 20:15:19 UTC
Date Of Original Report
04 Jan 2023
Previous filing
17 Aug 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 $587,378 -63,569 -4.8% $9.24 1,252,650 02 Jan 2023 Direct F1
transaction NEX Common Stock Tax liability $746,441 -87,920 -6% $8.49 1,372,333 03 Jan 2023 Direct F2
transaction NEX Common Stock Award $0 +374,171 +24% $0.000000 1,936,714 06 Jan 2023 Direct F3
transaction NEX Common Stock Tax liability $1,362,773 -158,462 -8.2% $8.60 1,778,252 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 +260,960 +21% $0.000000 1,531,438 02 Jan 2023 Common Stock 260,960 Direct F4, F5, F6
* 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 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 5, 2023.
F3 Shares of common stock were acquired for no consideration upon the vesting of performance share awards.
F4 Each restricted stock unit represents a contingent right to receive one share of NEX common stock.
F5 This amendment is being filed to address an error in the date reported in column 3 and the amount reported in column 9 of 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 993,894.
F6 These restricted stock units vest in three equal installments (34%, 33%, 33%) on each of January 2, 2024, 2025 and 2026.