4//SEC Filing
JOHNSRUD MARK D 4
Accession 0000899243-18-005684
CIK 0001403853other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 6:12 PM ET
Size
17.3 KB
Accession
0000899243-18-005684
Insider Transaction Report
Form 4
JOHNSRUD MARK D
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 totalExercise: $37.03Exp: 2024-08-07→ Common Stock (354,411 underlying) - Award
Employee Stock Option (right to buy)
2018-02-23+354,411→ 354,411 totalExercise: $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
Issuer
Nuverra Environmental Solutions, Inc.
CIK 0001403853
Entity typeother
Related Parties
1- filerCIK 0001563359
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 6:12 PM ET
- Size
- 17.3 KB