0001688476-20-000040.txt : 20200330 0001688476-20-000040.hdr.sgml : 20200330 20200330163503 ACCESSION NUMBER: 0001688476-20-000040 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200320 FILED AS OF DATE: 20200330 DATE AS OF CHANGE: 20200330 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NGO BURNS LAMPHUNG CENTRAL INDEX KEY: 0001218649 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37988 FILM NUMBER: 20757605 MAIL ADDRESS: STREET 1: 5285 NORTH SAM HOUSTON PARKWAY WEST STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77086 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NEXTIER OILFIELD SOLUTIONS INC. CENTRAL INDEX KEY: 0001688476 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3990 ROGERDALE RD. CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 713-325-6000 MAIL ADDRESS: STREET 1: 3990 ROGERDALE RD. CITY: HOUSTON STATE: TX ZIP: 77042 FORMER COMPANY: FORMER CONFORMED NAME: Keane Group, Inc. DATE OF NAME CHANGE: 20161025 3 1 wf-form3_158560048481841.xml FORM 3 X0206 3 2020-03-20 0 0001688476 NEXTIER OILFIELD SOLUTIONS INC. NEX 0001218649 NGO BURNS LAMPHUNG 3990 ROGERDALE ROAD HOUSTON TX 77042 0 1 0 0 Chief Accounting Officer Common Stock 35663 D Restricted Stock Units Common Stock 53654.0 D Employee Stock Options (right to buy) 15.63 2020-03-01 Common Stock 10700.0 D The holding represents multiple awards over the last three years of restricted stock units vesting as follows: 3,034 vesting on March 1, 2021; 13,278 units vesting in two equal installments on each of February 27, 2021 and February 27, 2022; and 37,342 vesting in three annual installments beginning on January 2, 2021. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The options become exercisable in three equal annual installments on each of March 1, 2019, 2020 and 2021. Exhibit 24. Power of attorney attached. Valorie Wanner, as attorney in fact 2020-03-30 EX-24 2 ngoburnspoa.htm PHUNG NGO BURNS POA

                    POWER OF ATTORNEY

For Managing Form ID and Executing Forms 3, 4 and 5, Form 144 and Schedules 13D and 13G

Known by all these present, that the undersigned hereby constitutes and appoints each of Kevin McDonald, Valorie Wanner and Safieh Hill, signing severally and not jointly, with full power of substitution, the undersigned's true and lawful attorney-in-fact (herein so called) to:

1.    prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the United States Securities and Exchange Commission (the SEC) a Form ID, Uniform Application for Access Codes to File on EDGAR and any other documents necessary or appropriate to obtain or maintain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a)
of the Securities Exchange Act of 1934, as amended, and the rules thereunder (collectively,  the Exchange Act), or any other rule or regulation of the SEC;

2.    execute for and on behalf of the undersigned (a) Forms 3, 4 and 5 (including amendments thereto) in accordance with Section 16(a) of the Exchange Act , (b) Form 144 and (c) Schedules 13D and 13G (including amendments thereto) in accordance with Sections 13(d) and 13(g) of the Exchange
Act, but only to the extent each such form or schedule relates to the undersigned's beneficial ownership of securities of NexTier Oilfield Solutions Inc.
or any of its affiliates, subsidiaries or successors (collectively, NexTier);

3.    do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Form 3, 4 or 5, Form 144 or Schedule 13D or 13G (including amendments thereto) and timely file such Forms or Schedules with the SEC and any stock
exchange, self-regulatory association or any other authority, and provide a copy as required by law or advisable to such persons as the attorney-in-fact
deems appropriate; and

4.    take any other action of any type whatsoever in connection with the foregoing that, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required of the undersigned, it being understood that the documents executed by the attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as the attorney-in-fact may approve in
the attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite,
necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned
might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that each such attorney-in-fact,
or such attorney-in-facts substitutes or substitute, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers
herein granted. The undersigned acknowledges that each of the foregoing attorney-in-fact, and their substitutes, in serving in such capacity at the request
of the undersigned, are not assuming (nor is NexTier) any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

The undersigned hereby agrees that each such attorney-in-fact may rely entirely on information furnished orally or in writing by or at the direction of the
undersigned to the attorney-in-fact. The undersigned also agrees to indemnify and hold harmless NexTier and each such attorney-in-fact against any losses,
claims, damages or liabilities (or actions in these respects) that arise out of or are based upon any untrue statements or omissions of necessary facts in
the information provided by or at the direction of the undersigned, or upon the lack of timeliness in the delivery of information by or at the direction of
the undersigned, to such attorney-in-fact for purposes of executing, acknowledging, delivering or filing Forms 3, 4 or 5, Form 144 or Schedule 13D or 13G
(including amendments thereto) and agrees to reimburse NexTier and such attorney-in-fact on demand for any legal or other expenses reasonably incurred in
connection with investigating or defending against any such loss, claim, damage, liability or action.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5, Form 144 and
Schedules 13D and 13G (including amendments thereto) with respect to the undersigned's holdings of and transactions in securities issued by NexTier, unless
earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. This Power of Attorney revokes all other powers of
attorney that the undersigned has previously granted concerning the matters described herein.

 IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of the date written below.

    Signed by: /s/ LamPhung Ngo Burns

    Date: 3/20/2020