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

Role
Chief Operating Officer
Signature
Kevin McDonald, Attorney-in-Fact
Issuer symbol
NEX
Transactions as of
16 Aug 2023
Transactions value $
-$141,937
Form type
4
Filing time
18 Aug 2023, 16:10:55 UTC
Previous filing
11 Jan 2023
Next filing
06 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 Options Exercise $0 +33K +49.62% $0.00 99.5K 16 Aug 2023 Direct F1
transaction NEX Common Stock Tax liability -$142K -13K -13.05% $10.93 86.5K 16 Aug 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 16 Aug 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.