NPK International (NPKI) Form 4 NEWPARK RESOURCES / Gregg Piontek ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Piontek Gregg

(Last) (First) (Middle)

9320 LAKESIDE BOULEVARD

SUITE 100

(Street)

THE WOODLANDS TX 77381

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NEWPARK RESOURCES INC [ NR ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Senior Vice President and CFO

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2022

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2022		M		50,000	A	$0.0	467,706	D
Common Stock	06/01/2022		F		19,675(1)	D	$4.48	448,031	D
Common Stock	06/01/2022		M		23,096	A	$0.0	471,127	D
Common Stock	06/01/2022		F		9,088(1)	D	$4.48	462,039	D
Common Stock	06/01/2022		M		47,433	A	$0.0	509,472	D
Common Stock	06/01/2022		F		18,664(1)	D	$4.48	490,808	D
Common Stock	06/01/2022		M		51,182	A	$0.0	541,990	D
Common Stock	06/01/2022		F		20,140(1)	D	$4.48	521,850	D
Common Stock								55,000	I	by Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.0(2)	06/01/2022		M			50,000	(3)	(3)	Common Stock	50,000	$0.0	402,877	D
Restricted Stock Units	$0.0(2)	06/01/2022		M			23,096	(4)	(4)	Common Stock	23,096	$0.0	379,781	D
Restricted Stock Units	$0.0(2)	06/01/2022		M			47,433	(4)	(4)	Common Stock	47,433	$0.0	332,348	D
Restricted Stock Units	$0.0(2)	06/01/2022		M			51,182	(4)	(4)	Common Stock	51,182	$0.0	281,166	D

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted shares.

2. Restricted stock units convert into common stock on a one-for-one basis.

3. The restricted stock units will vest at a rate of 50% of the shares on June 1, 2020 and 50% of the shares on June 1, 2022.

4. The restricted stock units vest in increments of one-third of the shares on June 1 of each subsequent year after grant.

	By: Chipman Earle For: Gregg Piontek	06/03/2022
	** 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 4 (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).
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