Matthew Gillard - Aug 16, 2023 Form 4 Insider Report for NEXTIER OILFIELD SOLUTIONS INC. (NEX)

Role
Chief Operating Officer
Signature
Kevin McDonald, Attorney-in-Fact
Stock symbol
NEX
Transactions as of
Aug 16, 2023
Transactions value $
-$141,937
Form type
4
Date filed
8/18/2023, 04:10 PM
Previous filing
Jan 11, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEX Common Stock Options Exercise $0 +33K +49.62% $0.00 99.5K Aug 16, 2023 Direct F1
transaction NEX Common Stock Tax liability -$142K -13K -13.05% $10.93 86.5K Aug 16, 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 -33K -13.39% $0.00 214K Aug 16, 2023 Common Stock 33K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of NEX common stock.
F2 On August 16, 2021, the reporting person was granted 100,000 restricted stock units that vest in three equal installments on each of August 16, 2022, 2023 and 2024.