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Filing Details

Accession Number:: 0000899243-20-034979
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-23 16:05:31
Reporting Period:: 2020-12-21

Accepted Time:: 2020-12-23 16:05:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1403853	Nuverra Environmental Solutions Inc.	NES	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1312908	Gates Capital Management, Inc.	1177 Avenue Of The Americas, 46Th Floor New York NY 10036	No	No	Yes	No
1394416	L Jeffrey Gates	1177 Avenue Of The Americas, 46Th Floor New York NY 10036	No	No	Yes	No
1630228	Gates Capital Management, L.p.	1177 Avenue Of The Americas, 46Th Floor New York NY 10036	No	No	Yes	No
1714043	Gates Capital Management Gp, Llc	1177 Avenue Of The Americas, 46Th Floor New York NY 10036	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-12-21	150,000	$4.66	6,906,917	No	4	S	Direct
Common Stock	Disposition	2020-12-21	185,811	$4.03	6,721,106	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Footnotes

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.
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.
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.
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.