DRIVER WILLIAM D. 4
4 · NEXTIER OILFIELD SOLUTIONS INC. · Filed Dec 12, 2019
Insider Transaction Report
Form 4
DRIVER WILLIAM D.
SVP, Product Lines
Transactions
- Exercise/Conversion
Common Stock
2019-12-11+11,655→ 40,506 total - Exercise/Conversion
Restricted Stock Unit
2019-12-11−11,655→ 22,615 totalExercise: $0.00→ Common Stock (11,655 underlying) - Tax Payment
Common Stock
2019-12-11$5.92/sh−4,587$27,155→ 35,919 total
Footnotes (2)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The award is subject to a three year ratable vesting starting on the first anniversary of the grant date, which was December 11, 2018, subject to the grantee's continued employment with or provision of services to the issuer or its affiliates through each vesting date, as well as certain treatment upon the occurrence of certain termination events; the restricted share units may be settled in stock (default) and/or cash at each vesting as determined in the sole discretion of the Compensation Committee of the Board of Directors.