NPK International (NPKI) Form 4 NEWPARK RESOURCES / Lori Briggs 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^*

Briggs Lori

(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)
VP & President, Ind. Solutions

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2023

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	06/01/2023		M		16,000	A	$0.0(1)	80,981	D
Common Stock	06/01/2023		F		6,296(2)	D	$3.67	74,685	D
Common Stock	06/01/2023		M		26,397	A	$0.0(1)	101,082	D
Common Stock	06/01/2023		F		10,387(2)	D	$3.67	90,695	D
Common Stock	06/01/2023		M		3,000	A	$0.0(1)	93,695	D
Common Stock	06/01/2023		F		1,180(2)	D	$3.67	92,515	D
Common Stock	06/01/2023		M		11,000	A	$0.0(1)	103,515	D
Common Stock	06/01/2023		F		4,328(2)	D	$3.67	99,187	D

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(3)	06/01/2023		M			16,000	(4)	(4)	Common Stock	16,000	$0.0	215,543	D
Restricted Stock Units	$0.0(3)	06/01/2023		M			26,397	(4)	(4)	Common Stock	26,397	$0.0	189,146	D
Restricted Stock Units	$0.0(3)	06/01/2023		M			3,000	(5)	(5)	Common Stock	3,000	$0.0	186,146	D
Restricted Stock Units	$0.0(3)	06/01/2023		M			11,000	(4)	(4)	Common Stock	11,000	$0.0	175,146	D

Explanation of Responses:

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

2. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.

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

4. Reflects vesting of restricted stock units granted on May 21, 2020, May 20, 2021 and May 19, 2022, respectively, which awards vest in one-third increments on June 1 of each subsequent year following the date of grant.

5. Reflects vesting of restricted stock units granted on May 19, 2019, which awards vest in two increments, half on June 1, 2021 and the other half on June 1, 2023.

	By: M. Celeste Fruge For: Lori Briggs	06/05/2023
	** 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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