4//SEC Filing
Frank's International N.V. 4
Accession 0001209191-17-014835
$XPROCIK 0001575828operating
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:56 PM ET
Size
15.1 KB
Accession
0001209191-17-014835
Insider Transaction Report
Form 4
Latiolais Burney J. Jr.
See Remarks
Transactions
- Exercise/Conversion
Common stock, par value Euro 0.01 per share
2017-02-23+5,454→ 5,454 total - Tax Payment
Common stock, par value Euro 0.01 per share
2017-02-23$12.52/sh−1,772$22,185→ 3,682 total - Exercise/Conversion
Common stock, par value Euro 0.01 per share
2017-02-23+6,733→ 10,415 total - Tax Payment
Common stock, par value Euro 0.01 per share
2017-02-23$12.52/sh−1,791$22,423→ 8,624 total - Exercise/Conversion
Restricted Stock Unit
2017-02-23−5,454→ 103,263 total→ Common Stock (5,454 underlying) - Exercise/Conversion
Restricted Stock Unit
2017-02-23−6,733→ 96,530 total→ Common Stock (6,733 underlying)
Footnotes (5)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]In connection with the vesting of shares of RSUs pursuant to the Frank's International N.V. 2013 Long-Term Incentive Plan, Frank's International N.V. (the "Issuer") withheld vested shares to satisfy tax withholding obligations. The number of vested shares withheld was based on the closing price per share on February 22, 2017. The withholding of vested shares pursuant to this award was approved by the Board of Supervisory Directors of the Issuer, and the number of shares indicated in this Form 4 was acquired as treasury stock by the Issuer.
- [F3]On February 23, 2015, the reporting person was granted 16,361 RSUs, vesting ratably in three annual installments beginning on February 23, 2016.
- [F4]On May 11, 2016, the reporting person was granted 20,200 RSUs, vesting ratably in three annual installments beginning on February 23, 2017.
- [F5]Consists of (i) 45,455 RSUs that will vest on March 31, 2017, (ii) 5,454 RSUs that will vest on February 23, 2018, (iii) 13,467 RSUs that will vest 50% on February 23, 2018 and 50% on February 23, 2019, and (iv) 32,154 RSUs that will vest ratably in three annual installments beginning on February 20, 2018.
Documents
Issuer
Frank's International N.V.
CIK 0001575828
Entity typeoperating
IncorporatedNetherlands
Related Parties
1- filerCIK 0001575828
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 4:56 PM ET
- Size
- 15.1 KB