SEC Form 4 · accession 0001562762-19-000061
NCS Multistage Holdings, Inc. · NCSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Trautner
Officer — Chief Legal Officer & Secy
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:17 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 | 31,690 | $0.00 | A | 58,850 | D | |
| Common StockF2,F1 | Mar 1, 2019 | F | 1,623 | $5.41 | D | 57,227 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equivalent Stock UnitsF3,F4 | — | Feb 28, 2019 | A | 10,563 | A | — | — | Common Stock | 10,563 | 10,563 | D |
Explanation of responses
- F1Includes 7,796 restricted stock units which vest in two equal annual installments beginning on August 24, 2019, 10,944 restricted stock units which vest in two equal annual installments beginning on March 1, 2020 and 31,690 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.
- F3These 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.
- F4Vest in in three equal annual installments beginning on February 28, 2020.