Frank's International N.V. 4/A
4/A · Frank's International N.V. · Filed Mar 21, 2017
Insider Transaction Report
Form 4/AAmended
Latiolais Burney J. Jr.
See Remarks
Transactions
- Award
Restricted Stock Unit
2017-02-20+16,077→ 92,640 total→ Common Stock (16,077 underlying)
Footnotes (4)
- [F1]This amendment is being filed to correct a scrivener's error with regards to the number of derivative securities acquired on February 20, 2017. The Form 4 reporting the transaction incorrectly recorded the number of derivative shares as 32,154. The number of derivative shares acquired on February 20, 2017 has been corrected to 16,077. The incorrect number of derivatives was also included on the reporting person's subsequent Form 4 filed on February 27, 2017.
- [F2]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.
- [F3]The 16,077 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on February 20, 2018.
- [F4]Also consists of (i) 10,908 RSUs that will vest 50% on February 23, 2017 and 50% on February 23, 2018, (ii) 20,200 RSUs that will vest ratably in three annual installments beginning on February 23, 2017, and (iii) 45,455 RSUs that will vest on March 31, 2017.