Statement of Changes in Beneficial Ownership (4)
February 09 2021 - 5:00PM
Edgar (US Regulatory)
FORM 4
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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
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3235-0287
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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
*
Fox Robert Young |
2. Issuer Name and Ticker or Trading Symbol
Nuverra Environmental Solutions, Inc.
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NES
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President & COO |
(Last)
(First)
(Middle)
C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC, 6720 N. SCOTTSDALE ROAD, SUITE 190 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/14/2021 |
(Street)
SCOTTSDALE, AZ 85253
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 1/14/2021 | | M | | 19879 | A | (1) | 67927 | D | |
Common Stock | 1/14/2021 | | F | | 5895 | D | $2.68 | 62032 | 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. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 7. 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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units | (2) | 1/14/2021 | | M | | | 19879 | (2) | (2) | Common Stock | 19879 | $0.00 | 0 | D | |
Explanation of Responses: |
(1) | Represents shares issued upon vesting and settlement of previously-reported restricted stock units. |
(2) | On March 5, 2019, Mr. Fox was granted 59,637 time-based restricted stock units. Each restricted stock unit represents the right to receive one share of common stock. The restricted stock units vested in three equal installments on March 5, 2019, December 31, 2019, and December 31, 2020. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Fox Robert Young C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC 6720 N. SCOTTSDALE ROAD, SUITE 190 SCOTTSDALE, AZ 85253 |
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| President & COO |
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Signatures
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/s/ Joseph M. Crabb, attorney- in-fact | | 2/9/2021 |
**Signature of Reporting Person | Date |
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