Frank's International N.V. 4
4 · Frank's International N.V. · Filed Feb 22, 2017
Insider Transaction Report
Form 4
Luquette Gary
Director
Transactions
- Award
Restricted Stock Unit
2017-02-20+241,158→ 352,269 total→ Common Stock (241,158 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive, upon vesting, one share of common stock, par value Euro 0.01 per share, of Frank's International N.V.
- [F2]The 241,158 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 20, 2018 pursuant to that certain Separation, Consulting, and General Release Agreement by and between Gary P. Luquette, Frank's International, LLC and Frank's International N.V., effective as of November 11, 2016.
- [F3]Also consists of 111,111 RSUs that will vest ratably in three annual installments beginning on February 23, 2017.