Form 4 for WFRD Weatherford International plc
Accepted 2023-01-20 00:00:00 ET · period of report 2023-01-18 · accession 0001603923-23-000053 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-20 | 2023-01-18 | WFRD | Mongrain Joseph H | EVP, CHRO | M - OptEx | $0.00 | +3,539 | 20.6K | +21% | $0 |
| D | 2023-01-20 | 2023-01-18 | WFRD | Mongrain Joseph H | EVP, CHRO | F - Tax | $53.59 | -998 | 19.6K | -5% | -$53.5K |
| DM | 2023-01-20 | 2023-01-18 | WFRD | Mongrain Joseph H | EVP, CHRO | A - Grant | $0.00 | +12.2K | 4,891 | New | $0 |
| D | 2023-01-20 | 2023-01-18 | WFRD | Mongrain Joseph H | EVP, CHRO | M - OptEx | $0.00 | -3,539 | 7,076 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-01-18 | M | A | 3,539 | $0.00 | 20,610 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-01-18 | F | D | 998 | $53.59 | 19,612 | D | — | — | |
| 3 | Derivative | 2023 Annual Performance Units | 2023-01-18 | A | A | 7,337 | $0.00 | 7,337 | D | — · — to — | 7,337 Ordinary Shares | (F4) Represents performance share units ("PSUs") granted on January 18, 2023 under 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance at the end of the performance period, which is the Issuer's three fiscal years beginning on January 1, 2023 and ending December 31, 2025. |
| 4 | Derivative | Restricted Share Units | 2023-01-18 | A | A | 4,891 | — | 4,891 | D | — · — to — | 4,891 Ordinary Shares | (F3) Represents restricted share units ("RSUs") granted on January 18, 2023 pursuant to the Issuer's Third Amended and Restated 2019 Equity Incentive Plan (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant. |
| 5 | Derivative | Restricted Share Units | 2023-01-18 | M | D | 3,539 | $0.00 | 7,076 | D | — · — to — | 3,539 Ordinary Shares | (F1) Represents the vesting of the first installment of restricted share units ("RSUs") granted on January 18, 2022 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal installments over the three-year period from the date of grant. |