Form 4 for WFRD Weatherford International plc
Accepted 2024-01-22 00:00:00 ET · period of report 2024-01-18 · accession 0001603923-24-000034 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-22 | 2024-01-18 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | M - OptEx | $0.00 | +3,884 | 7,234 | +116% | $0 |
| D | 2024-01-22 | 2024-01-18 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | F - Tax | $94.50 | -1,348 | 7,253 | -16% | -$127.4K |
| DM | 2024-01-22 | 2024-01-18 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | A - Grant | $0.00 | +8,171 | 3,268 | New | $0 |
| DM | 2024-01-22 | 2024-01-18 | WFRD | Sandhu Depinder | EVP, Gbl Product Lines | M - OptEx | $0.00 | -3,884 | 2,518 | -61% | $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 | 2024-01-18 | M | A | 1,367 | $0.00 | 8,601 | D | — | — | |
| 2 | Common | Ordinary Shares | 2024-01-18 | M | A | 2,517 | $0.00 | 7,234 | D | — | — | |
| 3 | Common | Ordinary Shares | 2024-01-18 | F | D | 1,348 | $94.50 | 7,253 | D | — | — | |
| 4 | Derivative | Restricted Share Units | 2024-01-18 | A | A | 2,179 | $0.00 | 2,179 | D | — · — to — | 2,179 Ordinary Shares | (F5) Represents RSUs granted on January 18, 2024 pursuant to 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 | 2024-01-18 | A | A | 2,724 | $0.00 | 2,724 | D | — · — to — | 2,724 Ordinary Shares | (F6) Represents RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in full on the third anniversary of the date of grant. |
| 6 | Derivative | Restricted Share Units | 2024-01-18 | M | D | 1,367 | $0.00 | 2,734 | D | — · — to — | 1,367 Ordinary Shares | (F2) Represents the vesting of RSUs granted on January 18, 2023 pursuant to the 2019 EIP. The RSUs vest in three equal installments annually over the three-year period from the date of grant. |
| 7 | Derivative | 2024 Annual Performance Share Units | 2024-01-18 | A | A | 3,268 | $0.00 | 3,268 | D | — · — to — | 3,268 Ordinary Shares | (F4) Represents performance share units ("PSUs") granted on January 18, 2024 under the 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, 2024 and ending December 31, 2026. |
| 8 | Derivative | Restricted Share Units | 2024-01-18 | M | D | 2,517 | $0.00 | 2,518 | D | — · — to — | 2,517 Ordinary Shares | (F1) Represents the vesting of restricted share units ("RSUs") granted on January 18, 2022 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal installments annually over the three-year period from the date of grant. |