SEC Form 4 · accession 0001562762-19-000059
NCS Multistage Holdings, Inc. · NCSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marty Stromquist
Officer — President · Director
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001692427
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 28, 2019 | A | 47,139 | $0.00 | A | 71,558 | D | |
| Common StockF2,F1 | Mar 1, 2019 | F | 3,908 | $5.41 | D | 67,650 | D | |
| Common StockF3 | holding | — | — | — | 663,468 | I | By Corporation | |
| Common StockF4 | holding | — | — | — | 113,443 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equivalent Stock UnitsF5,F6 | — | Feb 28, 2019 | A | 15,713 | A | — | — | Common Stock | 15,713 | 15,713 | D |
Explanation of responses
- F1Includes 16,279 restricted stock units which vest in two equal annual installments beginning on March 1, 2020 and 47,139 restricted stock units which vest in three equal annual installments beginning on February 28, 2020.
- F2These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
- F3Held by Stromquist Technologies Inc., a corporation of which the Reporting Person is a controlling shareholder. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Stromquist Technologies Inc. except to the extent of his pecuniary interest therein.
- F4Held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Cemblend Systems Inc. except to the extent of his pecuniary interest therein.
- F5These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed two times the common stock price on the day before the date of grant.
- F6Vest in in three equal annual installments beginning on February 28, 2020.