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4//SEC Filing

Nuverra Environmental Solutions, Inc. 4

Accession 0001209191-14-021177

CIK 0001403853operating

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 9:56 PM ET

Size

7.0 KB

Accession

0001209191-14-021177

Insider Transaction Report

Form 4
Period: 2014-03-12
Chisholm Christopher
Executive VP & CFO
Transactions
  • Award

    Common Stock

    2014-03-12+14,98832,988 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    369.437
Footnotes (3)
  • [F1]Represents the receipt of common stock upon the vesting of shares of restricted stock units granted on March 12, 2014 for the Reporting Person's 2013 bonus grant pursuant to the Issuer's 2009 Equity Incentive Plan (the "Plan"). These restricted stock units are scheduled to vest over three years. Conditional on shareholder approval of an amendment to the Plan at the annual meeting of the shareholders to be held on May 6, 2014, 1/3 will vest on 1/15/15, 1/3 will vest on 1/15/16, and 1/3 will vest on 1/15/17.
  • [F2]This amount includes the receipt of 15,000 shares of common stock upon the vesting of restricted stock granted on November 15, 2011 pursuant to the Plan. These 15,000 shares of restricted stock are scheduled to vest 100% on the third anniversary of the date of the grant.
  • [F3]Shares acquired through Issuer's 401(k) Match Plan (the "Match Plan"), through which the Issuer matches their employees' cash contributions with stock. Represents the receipt of common stock upon the vesting of shares of restricted stock units received between November 25, 2013 and March 12, 2014 through Issuer's Match Plan. 2/3rds of the these shares, or 246.391 shares, have vested. Remainder will on the third anniversary of date of hire, which is 11/15/14.

Issuer

Nuverra Environmental Solutions, Inc.

CIK 0001403853

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001403853

Filing Metadata

Form type
4
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 9:56 PM ET
Size
7.0 KB