Filing Details

Accession Number:
0001209191-14-022342
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-20 21:05:02
Reporting Period:
2014-03-12
Filing Date:
2014-03-20
Accepted Time:
2014-03-20 21:05:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1403853 Nuverra Environmental Solutions Inc. NES Oil & Gas Field Services, Nec (1389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1557927 Curtis Jay Parkinson C/O Nuverra Environmental Solutions, Inc
14624 N. Scottsdale Rd., Suite 300
Scottsdale AZ 85254
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-12 75,000 $0.00 102,500 No 4 A Direct
Common Stock Acquisiton 2014-03-20 2,500 $17.87 105,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 367 Indirect 401(k)
Footnotes
  1. Represents the receipt of common stock upon the vesting of shares of restricted stock units granted on March 12, 2014 for the Reporting Person's 2013 bonus grant pursuant to the Issuer's 2009 Equity Incentive Plan (the "Plan"). Conditional on shareholder approval of an amendment to the Plan at the annual meeting of the shareholders to be held on May 6, 2014, these restricted stock units are schedules to vest 1/3 on 1/15/15, 1/3 on 1/15/16, and 1/3 on 1/15/17.
  2. This amount includes the receipt of 20,000 shares of common stock upon the vesting of restricted stock granted on September 10, 2012 pursuant to the Plan. These 20,000 shares of restricted stock are scheduled to vest 100% on the third anniversary of the date of the grant.
  3. Shares acquired through Issuer's 401(k) Match Plan (the "Match Plan"), through which the Issuer matches their employees' cash contributions with stock. Represents the receipt of common stock upon the vesting of shares of restricted stock units received between November 25, 2013 and March 12, 2014 through Issuer's Match Plan. 1/3rd of the grant, or 122.236 shares, have vested. Remainder will vest over the next two anniversaries of date of hire, with 1/3 to vest 9/5/14 and 1/3 to vest 9/5/15, respectively.