SEC Form 4 · accession 0000899243-19-006581

Nuverra Environmental Solutions, Inc. · NES

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Mar 5, 2019

Accepted (ET)

Mar 7, 2019 · 6:05 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001403853

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 5, 2019	M	19,879	—	A	19,879	D
Common Stock	Mar 5, 2019	F	6,048	$10.90	D	13,831	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1,F2	—	Mar 5, 2019	A	59,637	A	—	—	Common Stock	59,637	59,637	D
Restricted Stock Units^F1,F3	—	Mar 5, 2019	A	59,637	A	—	—	Common Stock	59,637	59,637	D
Restricted Stock Units^F1,F3	—	Mar 5, 2019	M	19,879	D	—	—	Common Stock	19,879	39,758	D

F1Each restricted stock unit represents a contingent right to receive one share of Nuverra Environmental Solutions, Inc. common stock.
F2The restricted stock units vest in installments of 14,909 on March 31, 2019, 14,910 on June 30, 2019, and 29,819 on December 31, 2019, subject to the achievement of pre-established performance targets during the applicable measurement periods. The first installment is subject to a performance measurement period beginning on January 1, 2019 and ending on March 31, 2019, the second installment is subject to a performance measurement period beginning on April 1, 2019 and ending on June 30, 2019, and the third installment is subject to a performance measurement period beginning on January 1, 2019 and ending on December 31, 2019.
F3The restricted stock units vest in three equal installments on March 5, 2019, December 31, 2019, and December 31, 2020.

President & Chief Operating Officer