Custom Truck One Source, Inc. — Director's Dealing 2019

Aug 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NESCO HOLDINGS, INC. (NSCO)
CIK: 0001709682
Period of Report: 2019-07-31

Reporting Person: KAPELKE KEVIN (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-31	Common Stock	J	51104	—	Acquired	51104	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-31	Warrants	$	J	5742	Acquired		Common Stock (5742)	Direct

Footnotes

F1: In connection with and immediately following the Issuer's initial business combination on July 31, 2019, the Reporting Person received the securities as consideration for the complete redemption of his common equity interests in Nesco Holdings, LP. The securities represent the Reporting Person's pro rata share of the consideration that Nesco Holdings, LP received in connection with the Issuer's initial business combination based on certain of the Reporting Person's ownership in Nesco Holdings, LP. The closing price of the Issuer's common stock was $9.05 on the effective date of the initial business combination.

F2: Each warrant entitles the holder to purchase from the issuer a number of shares of common stock at the price of $11.50 per share, subject to adjustments.

F3: The warrants expire and terminate on the earlier to occur of July 31, 2024 and the date on which the warrants are redeemed at the issuer's election pursuant to warrant agreement governing such warrants.