Noble Corp plc 4
4 · Noble Corp plc · Filed Feb 2, 2015
Insider Transaction Report
Form 4
MACLENNAN JAMES A
Sr. VP-CFO & Controller
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-02-01−8,338→ 8,339 totalExercise: $0.00→ Shares (8,338 underlying) - Award
Shares
2015-01-29+11,961→ 95,487 total - Disposition to Issuer
Performance Vested Restricted Stock Units
2015-01-29−38,445→ 0 totalExercise: $0.00→ Shares (38,445 underlying) - Award
Shares
2015-02-01+8,338→ 103,825 total - Award
Performance Vested Restricted Stock Units
2015-01-29+108,710→ 108,710 totalExercise: $0.00→ Shares (108,710 underlying) - Award
Restricted Stock Units
2015-01-29+54,355→ 54,355 totalExercise: $0.00→ Shares (54,355 underlying) - Disposition to Issuer
Restricted Stock Units
2015-01-29−11,961→ 23,923 totalExercise: $0.00→ Shares (11,961 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to receive one share.
- [F2]The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.
- [F3]Each performance vested restricted stock unit represents a contingent right to receive one share. Performance vested restricted stock units vest upon the company achieving a total shareholder return over a three-year performance cycle (2015-2017) relative to a specified peer group.
- [F4]Total share amount reflects an adjustment resulting from the spin-off of Paragon Offshore plc. The number of shares awarded prior to the spin-off have been increased to provide awardee with substantially equivalent economic value after the spin-off.
- [F5]Represents performance based restricted share units awarded on February 3, 2012. Shares underlying this award have been fully forfeited.
- [F6]Represents the first of three vesting events for restricted stock units awarded on January 29, 2014.
- [F7]Represents the second of three vesting events for restricted stock units awarded on February 1, 2013.