Initial Statement of Beneficial Ownership (3)
January 18 2022 - 5:15PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Iluyomade Oladipo |
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/8/2022
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3. Issuer Name and Ticker or Trading Symbol
NEXTIER OILFIELD SOLUTIONS INC. [NEX]
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(Last)
(First)
(Middle)
3990 ROGERDALE RD |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer / |
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(Street)
HOUSTON, TX 77042
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4) | 2. Amount of Securities Beneficially Owned
(Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) | 4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Common Stock | 5281 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4) | 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) | 6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Restricted Stock Unit (1) | (2) | (2) | Common Stock | 3696.0 | $0.0 | D | |
| Restricted Stock Units (1) | (3) | (3) | Common Stock | 20702.0 | $0.0 | D | |
| Explanation of Responses: |
| (1) | Restricted Stock Units convert into common stock on a one-for-one basis. |
| (2) | On February 3, 2020, the reporting person was granted 11,203 restricted stock units subject to vesting in three ratable installments on each of January 2, 2021, 2022 and 2023. The remaining 3,696 restricted stock units will vest on January 2, 2023. |
| (3) | On January 25, 2021, the reporting person was granted 20,702 restricted stock units subject to vesting in three ratable installments on each of January 25, 2022, 2023 and 2024. |
Remarks:
Exhibit 24.1 - Power of Attoney |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Iluyomade Oladipo
3990 ROGERDALE RD
HOUSTON, TX 77042 |
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| Chief Accounting Officer |
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Signatures
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| //Kevin McDonald, Attorney-in-Fact | | 1/18/2022 |
| **Signature of Reporting Person | Date |
NexTier Oilfield Solutions (NYSE:NEX)
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