Sec Form 4 Filing - Chisholm Christopher @ Nuverra Environmental Solutions, Inc. - 2014-11-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Chisholm Christopher
2. Issuer Name and Ticker or Trading Symbol
Nuverra Environmental Solutions, Inc. [ NES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP, CAO, and Interim CFO
(Last) (First) (Middle)
C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC, 14624 N. SCOTTSDALE RD., SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
11/14/2014
(Street)
SCOTTSDALE, AZ85254
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 11/14/2014 F 4,574 ( 1 ) D $ 8.78 28,414 ( 2 ) D
Common Stock 495.12 ( 3 ) I 401(k)
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chisholm Christopher
C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC
14624 N. SCOTTSDALE RD., SUITE 300
SCOTTSDALE, AZ85254
Exec VP, CAO, and Interim CFO
Signatures
/s/ W. Christopher Chisholm 11/18/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects shares withheld by the Issuer to pay required income tax withholding upon the vesting of 15,000 unvested restricted stock units ("RSUs") on November 14, 2014 that were granted November 14, 2011.
( 2 )Includes 14,988 unvested RSUs granted under the Issuer's 2009 Equity Incentive Plan. Also includes 10,426 shares received upon scheduled vesting of RSUs on November 14, 2014.
( 3 )Fully vested shares acquired through the Issuer's 401(k) Match plan, through which the Issuer matches their employees' cash contributions with stock. Represents the receipt of common stock upon the vesting of shares of restricted stock units received betweeen November 25, 2013 and November 18, 2014 through the Issuer's 401(k) Match Plan.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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