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
-$310,014
Form type
4/A - Amendment
Filing time
11 Jan 2023, 20:24:38 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 $98,970 -10,711 -9% $9.24 108,479 02 Jan 2023 Direct F1
transaction NEX Common Stock Award $0 +62,362 +33% $0.000000 252,443 06 Jan 2023 Direct F2
transaction NEX Common Stock Tax liability $211,044 -24,540 -9.7% $8.60 227,903 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 +73,068 +23% $0.000000 394,266 02 Jan 2023 Common Stock 73,068 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/A filed on January 6, 2023, which error also affected the total amount of shares reported in column 5 for the other transactions reported in column 5 of that Form 4/A.
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 of the Reporting Person's Form 4 filed on January 6, 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 259,719.
F5 These restricted stock units vest in three equal installments (34%, 33%, 33%) on each of January 2, 2024, 2025 and 2026.