Noble Corp plc 4
4 · Noble Corp plc · Filed Feb 2, 2016
Insider Transaction Report
Form 4
WILLIAMS DAVID W
DirectorChairman, President, and CEO
Transactions
- Award
Shares
2016-02-01+31,882→ 700,235 total - Award
Restricted Stock Units
2016-01-29+383,607→ 383,607 totalExercise: $0.00→ Shares (383,607 underlying) - Award
Performance Vested Restricted Stock Units
2016-01-29+896,278→ 896,278 totalExercise: $0.00→ Shares (896,278 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-01−31,882→ 0 totalExercise: $0.00→ Shares (31,882 underlying)
Footnotes (5)
- [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 (2016-2018) relative to a specified peer group.
- [F4]Represents the last of three vesting events for restricted stock units awarded on February 1, 2013.
- [F5]Total share amount reflects an adjustment to outstanding awards as a result of 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.