JOHNSRUD MARK D 4/A
4/A · Nuverra Environmental Solutions, Inc. · Filed Mar 13, 2018
Insider Transaction Report
Form 4/AAmended
JOHNSRUD MARK D
DirectorCEO, Vice-Chairman10% Owner
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-03-02−443,015→ 88,603 total→ Common Stock (443,015 underlying)
Footnotes (2)
- [F1]Restricted stock units convert to Nuverra Environmental Solutions, Inc. common stock on a one-for-one basis.
- [F2]On February 23, 2018, the reporting person was granted 531,618 restricted stock units, which vest in two installments on August 7, 2018 and August 7, 2019, subject to the achievement of pre-established performance targets during the applicable measurement periods. In accordance with the Separation Agreement and Mutual Release entered into between the reporting person and the issuer on March 2, 2018 (the "Separation Date"), 88,603 of such restricted stock units remain outstanding and are subject to potential vesting based on the achievement of such performance targets and 443,015 of such restricted stock units were forfeited as of the Separation Date.