Ryan Hummer - Feb 28, 2025 Form 4 Insider Report for NCS Multistage Holdings, Inc. (NCSM)

Role: Chief Executive Officer, Director
Signature: /s/ Ori Lev, attorney-in-fact
Stock symbol: NCSM
Transactions as of: Feb 28, 2025
Transactions value $: -$238,600
Form type: 4
Date filed: 3/4/2025, 04:15 PM
Previous filing: Nov 5, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCSM	Common Stock	Options Exercise	$0	+8.65K	+31.6%	$0.00	36K	Feb 28, 2025	Direct	F1
transaction	NCSM	Common Stock	Tax liability	-$233K	-8.65K	-24.01%	$26.93	27.4K	Feb 28, 2025	Direct	F1
transaction	NCSM	Common Stock	Disposed to Issuer	-$5.6K	-208	-0.76%	$26.93	27.2K	Feb 28, 2025	Direct	F2
transaction	NCSM	Common Stock	Award	$0	+7.24K	+26.64%	$0.00	34.4K	Mar 4, 2025	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NCSM	Equivalent Stock Units	Options Exercise	$0	-8.65K	-30.39%	$0.00	19.8K	Feb 28, 2025	Common Stock	8.65K		Direct	F1, F4, F5
transaction	NCSM	Equivalent Stock Units	Award	$0	+7.24K	+36.53%	$0.00	27.1K	Mar 4, 2025	Common Stock	7.24K		Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Equivalent stock units vested on February 28, 2025 and settled for cash.
F2	These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.
F3	Includes 4,226 restricted stock units which vest on November 1, 2025 and 7,240 restricted stock units which vest in three equal annual installments beginning on February 28, 2026.
F4	These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.
F5	Includes 4,226 equivalent stock units which vest on November 1, 2025 and 15,594 equivalent stock units which vest in two equal annual installments beginning on February 28, 2026.
F6	Includes 4,226 equivalent stock units which vest on November 1, 2025, 15,594 equivalent stock units which vest in two equal annual installments beginning on February 28, 2026, and 7,240 equivalent stock units which vest in three equal annual installments beginning on February 28, 2026.