Nuverra Environmental Solutions, Inc. 4
4 · Nuverra Environmental Solutions, Inc. · Filed Jun 16, 2016
Insider Transaction Report
Form 4
Nuverra Environmental Solutions, Inc.OTCQB:NESC
JOHNSRUD MARK D
DirectorCEO, Vice-Chairman10% Owner
Transactions
- Purchase
Common Stock
2016-06-14$0.28/sh+100,000$27,870→ 9,634,734 total
Holdings
- 1,305(indirect: By 401(k))
Common Stock
- 655,000(indirect: By JPJ LP)
Common Stock
- 98,234,375(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.27 to $0.28. The reporting person undertakes to provide to Nuverra Environmental Solutions, Inc., any security holder of Nuverra Environmental Solutions, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote 1 to this Form 4.
- [F2]Represents shares of common stock acquired through the Issuer's 401(k) Match Plan as of June 14, 2016, through which the Issuer previously matched its employees' cash contributions with common stock.
- [F3]These securities are owned directly by JPJ LP, and may also be deemed to be beneficially owned by Mark D. Johnsrud, who controls the entity.
- [F4]These securities are owned directly by Badlands Development II, LLC, and may also be deemed to be beneficially owned by Mark D. Johnsrud, who owns 100% of the units and acts as its sole managing member.