1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option (right to buy)
|
Â
(2)
|
05/19/2026 |
Common Stock
|
35,835
|
$
4.32
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
05/22/2025 |
Common Stock
|
20,425
|
$
9
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(4)
|
05/21/2024 |
Common Stock
|
15,258
|
$
11.2
|
D
|
Â
|
Restricted Stock Units
|
Â
(5)
|
Â
(6)
|
Common Stock
|
66,472
|
$
0
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Of the amount reported:(i) 25,000 shares remain unvested under a restricted stock award, and are subject to vest on October 15, 2017 and (ii) includes 6,401 shares acquired through Newpark Resources, Inc.'s Employee Stock Purchase Plan. |
(2) |
The award granted on May 19, 2016 vests at a rate of one-third of the shares annually on June 1, beginning June 1, 2017. |
(3) |
The award granted on May 22, 2015 vests at a rate of one-third of the shares annually on June 1, beginning June 1, 2016. |
(4) |
The award granted on May 21, 2014 vested at a rate of one-third of the shares annually on June 1, beginning June 1, 2015. |
(5) |
The amount reported is an aggregate of the unvested portion of three outstanding awards. (1) A grant of 26,650 restricted stock units vest in increments of one-third of the shares each year - 8,884 shares vested 06/01/2016; 8,883 shares vested 06/01/2017 and 8,883 shares will vest 06/01/2018. (2) A grant of 50,000 restricted stock units vest in increments of 50% of the shares on the second anniversary of the date of grant and 50% of the shares on the fourth anniversary of the date of grant - 25,000 shares vested 05/22/2017 and 25,000 shares will vest 05/22/2019. (3) A grant of 48,884 restricted stock units vest in increments of one-third of the shares each year - 16,295 shares vested 06/01/2017, 16,295 will vest 06/01/2018, and 16,294 shares will vest 06/01/2019. |
(6) |
The restricted stock units vest in increments of one-third of the shares on June 1 of each year. |