Noble Corp plc 4

4 · Noble Corp plc · Filed Feb 6, 2017

Form 4

Period: 2017-02-02

VP-Controller

Transactions

Tax Payment
Shares
2017-02-02$6.88/sh−1,754$12,076→ 28,864 total
Disposition to Issuer
Performance Vested Restricted Stock Units
2017-02-02−11,333→ 0 total
Exercise: $0.00→ Shares (11,333 underlying)
Award
Restricted Stock Units
2017-02-03+19,027→ 19,027 total
Exercise: $0.00→ Shares (19,027 underlying)
Award
Performance Vested Restricted Stock Units
2017-02-03+38,054→ 38,054 total
Exercise: $0.00→ Shares (38,054 underlying)
Award
Shares
2017-02-02+5,705→ 30,618 total

Footnotes (5)

[F1]Represents performance based restricted share units awarded on January 29, 2014 relating to a three-year performance cycle (2014-2016). Based on performance at the end of the performance cycle, 5,705 shares vested and 5,628 shares were forfeited.
[F2]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.
[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 total shareholder return and contract drilling margin goals over a three year performance cycle (2017-2019) relative to a specified peer group.
[F4]Each restricted stock unit represents a contingent right to receive one share.
[F5]The restricted stock units vest and settle in three equal annual installments beginning on the first anniversary of the grant date.

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