FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Gates Capital Management, L.P.
2. Issuer Name and Ticker or Trading Symbol

Nuverra Environmental Solutions, Inc. [ NES ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1177 AVENUE OF THE AMERICAS, 46TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

12/21/2020
(Street)

NEW YORK, NY 10036
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/21/2020  S  150000 D$4.66 (1)6906917 D (3)(4) 
Common Stock 12/21/2020  S  185811 D$4.03 (2)6721106 D (3)(4) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $4.36 to $5.25. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
(2) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $3.77 to $4.18. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
(3) Gates Capital Management, L.P. ("Gates Capital"), acts as the investment manager to certain funds directly holding common stock, par value $0.01, of the issuer (the "Gates Capital Funds"). Gates Capital Management GP, LLC (the "General Partner") is the general partner of Gates Capital, with respect to the shares of common stock directly held by the Gates Capital Funds. Gates Capital Management, Inc. ("the Corporation"), is the managing member of the General Partner with respect to the shares of common stock directly held by the Gates Capital Funds. Jeffrey L. Gates serves as President of the Corporation with respect to the shares of common stock directly held by the Gates Capital Funds.
(4) Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, may be deemed to share beneficial ownership of the common stock of the issuer held by the Funds. Each of Gates Capital, the General Partner, the Corporation and Jeffrey L. Gates, disclaims beneficial ownership of the common stock held by the Funds except to the extent of its pecuniary interests.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Gates Capital Management, L.P.
1177 AVENUE OF THE AMERICAS, 46TH FLOOR
NEW YORK, NY 10036

X

Gates Capital Management GP, LLC
1177 AVENUE OF THE AMERICAS, 46TH FLOOR
NEW YORK, NY 10036

X

Gates Capital Management, Inc.
1177 AVENUE OF THE AMERICAS, 46TH FLOOR
NEW YORK, NY 10036

X

Gates Jeffrey L
1177 AVENUE OF THE AMERICAS, 46TH FLOOR
NEW YORK, NY 10036

X


Signatures
Gates Capital Management, L.P., By: Gates Capital Management GP, LLC, its general partner, By: Gates Capital Management, Inc., its managing member, By: /s/ Jeffrey L. Gates, President12/22/2020
**Signature of Reporting PersonDate

Gates Capital Management GP, LLC, By: Gates Capital Management, Inc., its managing member, By: /s/ Jeffrey L. Gates, President12/22/2020
**Signature of Reporting PersonDate

Gates Capital Management, Inc., By: /s/ Jeffrey L. Gates, President12/22/2020
**Signature of Reporting PersonDate

Jeffrey L. Gates, By: /s/ Jeffrey L. Gates12/22/2020
**Signature of Reporting PersonDate

Nuverra Environmental So... (AMEX:NES)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Nuverra Environmental So... Charts.
Nuverra Environmental So... (AMEX:NES)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Nuverra Environmental So... Charts.