JOHNSRUD MARK D 4

4 · Nuverra Environmental Solutions, Inc. · Filed Feb 27, 2018

Form 4

Period: 2018-02-23

DirectorCEO, Vice-Chairman10% Owner

Transactions

Exercise/Conversion
Common Stock
2018-02-23+177,206→ 177,206 total
Award
Restricted Stock Units
2018-02-23+531,618→ 531,618 total
→ Common Stock (531,618 underlying)
Exercise/Conversion
Restricted Stock Units
2018-02-23−177,206→ 354,412 total
→ Common Stock (177,206 underlying)
Award
Restricted Stock Units
2018-02-23+531,618→ 531,618 total
→ Common Stock (531,618 underlying)
Award
Employee Stock Option (right to buy)
2018-02-23+354,411→ 354,411 total
Exercise: $37.03Exp: 2024-08-07→ Common Stock (354,411 underlying)
Award
Employee Stock Option (right to buy)
2018-02-23+354,411→ 354,411 total
Exercise: $41.31Exp: 2024-08-07→ Common Stock (354,411 underlying)

Footnotes (6)

[F1]Restricted stock units convert to Nuverra Environmental Solutions, Inc. common stock on a one-for-one basis. Represents the conversion of restricted stock units to common stock on February 23, 2018.
[F2]Each restricted stock unit represents a contingent right to receive one share of Nuverra Environmental Solutions, Inc. common stock.
[F3]The restricted stock units vest in three equal installments on February 23, 2018, August 7, 2018, and August 7, 2019.
[F4]On February 23, 2018, the reporting person was granted 531,618 restricted stock units, which vest in three equal installments on February 23, 2018, August 7, 2018, and August 7, 2019. The first installment vested on February 23, 2018, the date of grant, and was converted into common stock on a one-for-one basis.
[F5]The restricted stock units vest in two equal installments on August 7, 2018 and August 7, 2019, subject to the achievement of pre-established performance targets during the applicable measurement periods. The first installment is subject to a performance measurement period beginning on January 1, 2018 and ending on June 30, 2018, and the second installment is subject to a performance measurement period beginning on July 1, 2018 and ending on June 30, 2019.
[F6]The stock options vest in three equal installments on August 7, 2018, August 7, 2019, and August 7, 2020.

Documents

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