NPK International Inc. — Director's Dealing 2016

Aug 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEWPARK RESOURCES INC (NR)
CIK: 0000071829
Period of Report: 2016-08-10

Reporting Person: Piontek Gregg (Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-10	Common Stock	M	8076.0	$0.0	Acquired	147800	Direct
2016-08-10	Common Stock	F	2208.0	$6.72	Disposed	145592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-10	Performance Shares	$0.0	M	17584.0	Disposed		Common Stock (17584)	Direct

Footnotes

F1: Represents shares acquired upon the partial vesting of a performance stock unit previously granted to the Reporting Person. Vesting of the award was contingent upon Company's achievement of certain levels of total shareholder return (TSR) relative to a pre-determined industry peer group.

F2: Represents shares withheld to satisfy tax withholding obligations upon the vesting of performance shares.

F3: Represents performance restricted stock units awarded in 2013, the vesting of which was dependent on achievement of certain levels of total shareholder returns (TSR) relative to a peer group established by the Compensation Committee of the Board of Directors. The total represents the maximum number of shares that could have been earned under this award, however, the award criteria was only partially achieved. A portion of the award converted into common stock (see Table I of this Form 4 report) and the remaining shares under the award were forfeited by the Reporting Person.