SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Henkes Ian J

(Last)

(First)

(Middle)

C/O NEXTIER OILFIELD SOLUTIONS INC.

3990 ROGERDALE ROAD

(Street)

HOUSTON

77042

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/31/2019

3. Issuer Name and Ticker or Trading Symbol
NEXTIER OILFIELD SOLUTIONS INC. [ NEX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Operations

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	19,487	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Unit⁽¹⁾	⁽²⁾	⁽²⁾	Common Stock	10,527	$0.00	D
Restricted Stock Unit⁽¹⁾	⁽³⁾	⁽³⁾	Common Stock	11,600	$0.00	D
Restricted Stock Unit⁽¹⁾	⁽⁴⁾	⁽⁴⁾	Common Stock	40,000	$0.00	D
Employee Stock Options (Right to Buy)	⁽⁵⁾	⁽⁵⁾	Common Stock	31,579	$19	D
Employee Stock Option (Right to Buy)	⁽⁶⁾	⁽⁶⁾	Common Stock	20,500	$15.63	D

Explanation of Responses:

1. Restricted Stock Units convert into common stock on a one-for-one basis.

2. On April 3, 2017, the reporting person was granted 31,579 shares that vested in three equal annual installments. The last installment will vest on April 3, 2020.

3. On March 1, 2018, the reporting person was granted 20,500 shares that vested in three equal annual installments. The last two installments will vest on March 1, 2020 and 2021.

4. On April 8, 2019, the reporting person was granted 40,000 shares that vest in three equal annual installments on each of April 8 2020, 2021 and 2022.

5. These options become exerciasble in three equal annual installments on each of April 3 2018, 2019 and 2020.

6. These options become exerciasble in three equal annual installments on each of March 1 2019, 2020 and 2021.

Remarks:

	Kevin McDonald, Attorney-in-Fact	11/12/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.