Filing Details

Accession Number:
0000899243-16-023097
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-16 16:47:29
Reporting Period:
2016-06-14
Filing Date:
2016-06-16
Accepted Time:
2016-06-16 16:47:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1403853 Nuverra Environmental Solutions Inc. OTCQB:NESC Oil & Gas Field Services, Nec (1389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1563359 D Mark Johnsrud C/O Nuverra Environmental Solutions, Inc
14624 N. Scottsdale Road, Suite 300
Scottsdale AZ 85254
Chairman Of The Board And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-06-14 100,000 $0.28 9,634,734 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,305 Indirect 401(k)
Common Stock 655,000 Indirect By JPJ LP
Common Stock 98,234,375 Indirect By Badlands Development II, LLC
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.27 to $0.28. The reporting person undertakes to provide to Nuverra Environmental Solutions, Inc., any security holder of Nuverra Environmental Solutions, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote 1 to this Form 4.
  2. Represents shares of common stock acquired through the Issuer's 401(k) Match Plan as of June 14, 2016, through which the Issuer previously matched its employees' cash contributions with common stock.
  3. These securities are owned directly by JPJ LP, and may also be deemed to be beneficially owned by Mark D. Johnsrud, who controls the entity.
  4. These securities are owned directly by Badlands Development II, LLC, and may also be deemed to be beneficially owned by Mark D. Johnsrud, who owns 100% of the units and acts as its sole managing member.