4//SEC Filing
Noble Corp plc 4
Accession 0001209191-17-008105
CIK 0001458891operating
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 6:29 PM ET
Size
14.3 KB
Accession
0001209191-17-008105
Insider Transaction Report
Form 4
WILLIAMS DAVID W
DirectorChairman, President, and CEO
Transactions
- Tax Payment
Shares
2017-02-02$6.88/sh−51,116$351,934→ 845,548 total - Disposition to Issuer
Performance Vested Restricted Stock Units
2017-02-02−245,520→ 0 totalExercise: $0.00→ Shares (245,520 underlying) - Award
Restricted Stock Units
2017-02-03+366,455→ 366,455 totalExercise: $0.00→ Shares (366,455 underlying) - Award
Shares
2017-02-02+123,612→ 896,664 total - Award
Performance Vested Restricted Stock Units
2017-02-03+732,910→ 732,910 totalExercise: $0.00→ Shares (732,910 underlying)
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, 123,612 shares vested and 121,908 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.
Documents
Issuer
Noble Corp plc
CIK 0001458891
Entity typeoperating
IncorporatedUnited Kingdom
Related Parties
1- filerCIK 0001458891
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 6:29 PM ET
- Size
- 14.3 KB